- If the Bearish Momentum continues, Pepe could see a price of 15% up to the level of $ 0.0000111.
- The most important liquidation levels for Pepe are $ 0.00001259 at the bottom and $ 0.00001351 at the top.
It seems that profit booking started in Pepe [PEPE]Because whales recently dumped billions of coins while the prize continued to fall.
From 30 May, with a price dip of 11%, Pepe seemed toargeish in the coming days and ready for a massive downward momentum.
At the time of the press, Pepe traded near $ 0.0000128. During this period, traders and investors seemed anxious and avoided participation, which resulted in a fall in trade volume by 15%, according to Coinmarketcap.
Whale offloads 502 billion Pepe
After the dip in the price of Pepe, A Crypto Walvis Charged 502.5 billion coins worth $ 6.47 million to Binance and made a profit of $ 7.47 million.
This impressive win was achieved in just one month, because the tokens were taken over at the end of April or early May 2025. Despite the substantial sale, the whale still has 497.5 billion Pepe coins, with a value of $ 6.41 million.
This sale by whales, however, came in the period in which Pepe broke out of an increasing triangular pattern, making the sentiment bearish.
Price promotion and technical analysis
According to the graph analysis of Ambcrypto, after the breakdown, the Memecoin Beerarish has become and it seems ready to continue the Neerwaartse Momentum in the coming days.
Source: TradingView
Based on the daily and four -hour graphs, if this downward trend continues, Pepe could see a price fall of 15%, which means that the following level of support may be achieved at $ 0.0000111 and the exponential advancing average of 200 days (EMA) (EMA).
From the moment of the press, Pepe’s relative strength -index (RSI) stood on 52, indicating that it was told in a neutral zone with neither overbought nor over -sold circumstances, suggesting a balanced momentum.
Pepe’s on-chain statistics
During this period the whale participation was raised. Data from the On-Chain Analytics tool Intothlock showed that the large transaction volume of Pepe, usually linked to whales and settings, has risen by 4.09%.
This increase raises questions about whether these whales position themselves for a bearish prospect or whether they grab the chance to collect Pepe at lower prices.
Important liquidation levels
The most important liquidation levels were at $ 0.00001259 at the bottom (support) and $ 0.00001351 at the top (resistance), where traders delivered too much.
Source: Coinglass
Currently, traders have built for $ 2.39 million in long positions and at these levels for $ 7.65 million in short positions, which can be liquidated if the price moves in both directions.
Credit : ambcrypto.com
