PEPE Price Confirms Rare Pattern as Futures Open Interest Skyrockets—Here’s What It Means

PEPE just flashed a bullish signal that's got traders scrambling. Futures open interest exploded—no surprise when meme coins get this volatile.

Rare Pattern, Big Implications

That rare setup? It’s textbook. When open interest spikes alongside price action, it usually means one thing: momentum’s building. Traders pile in, leverage climbs, and suddenly everyone’s watching the charts.

Futures Frenzy

Open interest didn’t just rise—it skyrocketed. More positions, more volume, more speculation. Classic crypto behavior: high risk, high reward, and absolutely zero guarantees.

What’s Next?

Keep an eye on liquidations. A sharp move either way could wipe out overleveraged positions fast. Meme coins don’t play by the rules—they break them.

Another day, another volatile altcoin sucking in retail traders while the whales probably already took profit. Some things never change in crypto.

PEPE price key technical points

• Critical Support: Price is holding above the Value Area Low and 0.618 Fibonacci retracement.
• Pattern Setup: A Gartley Harmonic points to expansion toward leg D.
• Futures Market: Open interest has surged to $700 million, its highest since early August.

PEPE has established a strong foundation at support, with the 0.618 Fibonacci retracement and Value Area Low acting as a springboard for recovery. Reclaiming the Point of Control signals improving market structure. If price remains above this level, it strengthens the probability of completing the Gartley Harmonic, which requires an advance toward leg D and a breakout above the Value Area High.

The volume profile shows early signs of bullish activity, with increasing inflows hinting at renewed demand. Sustained buying pressure is critical, as the harmonic pattern only confirms if expansion is backed by momentum. Coinbase now allows altcoins like PEPE to be used as collateral for perpetual futures trading, adding further fuel to market participation.

Futures market data further supports the bullish case. Open interest has climbed to $700 million, the highest since August, suggesting strong participation at current prices. This signals a risk-on environment, where traders are willing to commit capital to speculative positions.

However, elevated open interest can also amplify volatility. Should price break below support, liquidation-driven selling could flush out overexposed traders before equilibrium is restored.

What to expect in the coming price action

As long as PEPE holds above the Point of Control and continues to attract buying volume, the Gartley Harmonic setup could trigger expansion toward leg D. Reclaiming the Value Area High WOULD further validate the bullish outlook, though traders should stay cautious of a potential flush if support fails.