Pepe Coin experienced a 14% price increase in the past 24 hours, yet the rally lacked support from major market players. Whale wallets and the top 100 holders did not increase their PEPE holdings, and smart-money groups remained neutral. In the derivatives market, whales reduced their long positions by 7.34%, while top traders cut theirs by 26%.
Technical indicators, including the Relative Strength Index (RSI), suggest a hidden bearish divergence, indicating a potential downtrend. Pepe Coin needs to maintain a price above $0.000005047 to sustain its strength, as falling below this threshold could lead to a significant pullback.
Pepe Coin Jumps 14% Despite Bearish Sentiment from Whales
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