**š Pepe Soars 50% in 24 HoursāMeme Coin Mania or Just the Warm-Up?**
Pepe ($PEPE ), the meme coin thatās become *the* playground for crypto traders, just skyrocketed 45% in a single day, igniting a jaw-dropping āgod candleā and turbocharging bullish price predictions. After a month trapped in a sideways slog between $0.50 and $1, PEPE has shattered its shacklesāand suddenly, itās back on every ābest crypto to buyā shortlist.
**Why Now?** The stars are aligning: easing market jitters from a US-UK trade deal and a cautiously hawkish FOMC meeting have thawed the crypto freeze. While most coins flatline, PEPE is stealing the spotlight. Futures traders are piling in, tooā**$531 million in open interest** (the highest since Januaryās post-inauguration frenzy) signals a market primed for volatility. Retail traders are back, FUD is fading, and optimism is bubbling.
**But WaitāIs This a Bull Trap?** Not everyoneās buying the hype. The long/short ratio just dipped **below 1** (0.9992), meaning shorts now outnumber longs. Technicals scream caution: the daily RSI has rocketed to **82**, deep in overbought territory, hinting at buyer exhaustion. A pullback? Almost inevitable.
**History RepeatsāOr Does It?** Hereās the twist: $PEPE ās chart mirrors its **265% mega-pump** earlier this year, when it broke out of a descending channel to smash all-time highs. Now, the weekly RSI has climbed above **50** for the first time since January, reviving hopes of a sequel. If the pattern holds, PEPE could target **$0.00042**āa **220% surge**āby year-end, bulldozing resistance levels that have loomed since mid-2024.
**Bottom Line:** PEPEās rally is equal parts thrilling and precarious. Will it crash back to Earth or launch into meme coin legend? One thingās clear: this frog isnāt done jumping. šø **Buckle upāor get left behind.**
$PEPE #PEPEā #TradeOfTheWeek

