PEPE jumps 30% in 48 hours – Traders, more gains ahead IF…

Key Points

1. A crypto whale bought 228 billion PEPE worth $2.68 million, contributing to a 30% price increase over 48 hours.

2. Exchanges recorded a notable outflow of $9.80 million worth of PEPE, indicating increased buying pressure.

3. PEPE's price rose 15% in 24 hours, accompanied by a 70% surge in trading volume, signaling strong upward momentum.

4. Technical analysis suggests PEPE could rally another 22% if the bullish trend continues, though a correction is possible.

5. Traders have built significant long positions at $0.00001246 ($2.61 million) and short positions at $0.00001296 ($1.65 million).