PEPE is still within a clear accumulation range after the recent waves of volatility. The current movement is relatively healthy, as the price is holding without collapse despite the overall market weakness, which in itself is a point of strength.
Price and liquidity:
Liquidity is still high compared to many meme coins.
Trading volumes are stable → no mass exodus.
Any sudden pump is often supported by whales, not small FOMO.
Whale movements (most important):
Large wallets are accumulating in small batches
In clear withdrawal from exchanges to private wallets → Intent to hold
No large deposits on exchanges → Low selling pressure
Distribution, if it occurs, is partial and quick after any strong green candle
Simplified technical analysis:
PEPE is moving within a sideways channel
Support has held more than once → Buying area for traders
Resistance is close, and breaking it requires higher trading volume
Any breakout with volume = Fast and strong movement (PEPE is known for this scenario)
Potential scenarios:
1️⃣ Probability: Fluctuation + Accumulation
2️⃣ Positive: Breakout of resistance → Quick pump then correction
3️⃣ Negative: Support break only if the whole market drops (not because of PEPE itself)
Smart advice:
Don't chase the candle
Entry is close to support
Partial exit at any pump
Risk management is more important than greed with meme coins
