PEPE tests key support, whales scoop $3M – Is a 12% rally next?

Key Points

1. PEPE gained 9.9% in 24 hours, driven by large entity accumulation, with $3M worth of tokens purchased, including $1.3M by Morpho.

2. PEPE's holder count reached an all-time high of 455,670, indicating growing investor interest.

3. PEPE is testing a critical support zone at $0.00001024; holding this level could lead to a 12% rally to $0.00001157, with further upside to $0.00001339 possible.

4. Liquidation heatmaps show key levels at $0.0000099 (bearish) and $0.00001114 (bullish), with sustained volume needed for confirmation of a breakout.

5. The Bull Bear Power (BBP) indicator suggests strong buying activity, increasing the likelihood of a breakout above $0.00001157.