Pepe (PEPE) is currently forming its third symmetrical triangle pattern since 2024, with critical support at $0.00000900 and resistance at $0.00000968. This technical formation is being closely monitored by analysts as it could indicate potential price movements.
Recent data shows a 3.4% increase in whale accumulation over the past 30 days, while exchange supply has decreased by 2%, suggesting a reduction in selling pressure. Additionally, futures open interest is nearing $600 million, and daily trading volume has reached 5.61 trillion tokens, highlighting robust market activity for Pepe Coin.
Pepe Coin Forms Third Symmetrical Triangle Pattern Amid Key Support Levels
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