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Pepe Coin Dips—But These Bullish Signals Suggest a Comeback Is Coming

Pepe Coin Dips—But These Bullish Signals Suggest a Comeback Is Coming

Author:
Cryptodnes
Published:
2025-06-20 15:00:27
12
3

Memecoin's bleeding—but the charts whisper 'buy.'

### Oversold or Overdone?

Pepe's latest plunge smells like panic. RSI noses into bargain territory while volume spikes hint at accumulation. Classic reversal setup—if you ignore the 'professional' traders now calling it dead.

### The Frog Lurking in the Liquidity Pool

Whale wallets are moving, exchange reserves thinning. Either the dumb money's fleeing—or smart money's loading up before the next meme cycle. (Spoiler: Wall Street still won’t take your frog-themed gambling seriously.)

### Bottom Line

This isn’t financial advice, but the last time PEPE looked this juicy, it ripped 300% in a week. Just saying.

Technical Indicators Support a Bullish Setup

Despite the sharp decline, Pepe has formed a bullish double-bottom pattern near $0.0000057, a formation that often precedes a breakout. The recent pullback appears to be testing the neckline around $0.00000925, signaling a classic “break-and-retest” move — a bullish continuation structure.

Adding to the Optimism is the emergence of a flag formation on the daily chart. If this pattern plays out, the projected price target could stretch to $0.00002250, implying a potential 116% gain. However, a drop below the $0.00000925 support would invalidate this scenario and could send the price back toward $0.00000574.

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Whales and Investors Are Accumulating

On-chain data reveals that large holders have increased their PEPE stakes by nearly 400 billion tokens in the past month. At the same time, exchange balances have dropped by 2.1%, suggesting investors are moving their holdings into self-custody — typically a sign of long-term confidence.

Futures Market Reflects Renewed Interest

Futures activity around Pepe Coin is also heating up. Open interest recently climbed to $537 million, marking a strong recovery from earlier lows. Meanwhile, the funding rate remains positive, indicating that traders expect the price to rise.

While the market remains volatile, the combination of bullish chart patterns, whale accumulation, declining exchange balances, and surging derivatives activity could provide the momentum needed for Pepe to stage a comeback.

Alexander Stefanov

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With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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