- Whales withdrew over 2.21T PEPE from Binance, signaling strong accumulation and long-term confidence in the token’s future.
- PEPE forms a rounded bottom with bullish momentum, aiming for a 107% rise toward $0.00001872 if support remains solid.
- Technical and on-chain signals align as PEPE targets $0.00002745 by November 2025, backed by rising volume and whale activity.
Large-scale PEPE token movements and bullish technical signals spark renewed optimism among investors. On-chain data shows aggressive accumulation, suggesting confidence in the token’s long-term trajectory. A newly created wallet withdrew 1.79 trillion PEPE worth $22.22 million from Binance. Additionally, another whale moved 420 billion PEPE, valued at $5.58 million. Combined, this single whale has withdrawn 2.21 trillion tokens worth $29.31 million. These withdrawals into self-custody wallets suggest a deliberate shift toward long-term holding.
The market interprets this as a bullish signal. Typically, such activity aligns with accumulation phases and growing confidence. The wallet movements also reflect strategic timing. The withdrawals follow a recent bottom formation in PEPE, reinforcing expectations of a price reversal. Hence, both technical and on-chain actions appear to converge on a common bullish outlook.
Rounded Bottom Formation Builds Confidence
PEPE is currently trading at $0.00001326 after a significant correction. Significantly, the weekly chart reveals a rounded bottom pattern. This setup, coupled with a double bottom between July 2024 and May 2025, hints at a possible reversal. Moreover, recent green candles show growing momentum, strengthening the bullish bias.
The price recently tested the $0.00001533 resistance zone. If it breaks and retests this level, momentum could accelerate. The 0.618 Fibonacci retracement level at $0.00000936 offers an ideal entry zone. A red “LONGE HERE” tag around $0.00000941 confirms this potential.
Source: Rose Premium Signals
The pattern’s right shoulder displays stronger buying pressure, suggesting growing investor interest. Besides, historical data shows a major spike near $0.00003200 in late 2024. Since then, the price bottomed at around $0.00000600 in March 2025. The chart now points toward a steady recovery from this low.
Targets and Timeline for Potential Gains
Technical projections indicate a first target of $0.00001872. Reaching this would mark a 107% increase from the current level. Moreover, a second target of $0.00002745 could follow, offering an additional 47% upside. Consequently, traders may expect gains if support remains intact.
The forecast suggests the rally could mature by November 2025. However, holding the double bottom support remains critical. Any breakdown below it may invalidate the bullish thesis. Additionally, sustained volume growth would further validate the setup. For now, PEPE appears well-positioned for a bullish breakout.
