Experts Flash Buy Signal for PEPE as It Outperform BTC and ETH
In this ongoing market uncertainty, the popular crypto models are better than the main cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) due to coins PEPE (PEPE). In the process, a famous crypto expert published a post on X (previous Twitter) and shared the purchase signal for Meme Coin.
Buy a signal for pepe
Experts pointed out in X’s post that a technical indicator called TD flickered Peele Meme Coin also hinted that the price may rebound when the price is applied to a 3 -day chart.
However, this article about X has attracted widespread attention from the cryptocurrency community, and found that long -term holders and investors have accumulated token, as the chain analysis company reported Small shopEssence
PEPE out of $ 9 million: What does accumulate?
Data from spot inflow/outflow show that the exchange has witnessed the outflow of PEPE Meme coins worth $ 9 million. Such a large outflow signal for long -term holders may accumulate potential accumulation, which may cause obvious purchase pressure and further refuel the coin that is currently encountered.
PEPE’s current transaction price is close to 0.00001387, which has witnessed more than 8.15 % of prices in the past 24 hours. During the same period, its transaction volume increased by 90 %, which showed that compared with the previous days, the participation of traders and investors.
Main liquidation area
Looking at the data, it seems that the Bull is currently dominated by the cause coin, because they seem to be strongly bet on the long -term side.
According to the data on the chain, the main liquidation area is close to $ 0.00001359. The leverage of the bull is too high. At present, it holds a long position worth $ 2.5 million. On the contrary, $ 0.00001405 is another key level. If the price reaches this level, the short seller of the excessive leverage position of $ 1 million can be liquidated.
In combination with these chain indicators, it seems that the Bulls are strongly dominated by assets, and $ 0.00001405 is a small level of resistance, which will soon be destroyed and open the road for further rising momentum.
