📈 Pepe Coin added a massive 1.38 trillion tokens (up 38.65%) to its open interest, signaling possible volatility ahead. Historically, spikes in open interest suggest big price moves could follow.

💡 On-chain data shows short-term holders facing 41% losses, hinting at market capitulation. Interestingly, past PEPE downturns with similar negative MVRV ratios triggered bullish reversals—like the 1,600% rally seen earlier in 2024.

🎯 Currently, PEPE trades near its Point of Control (POC) at $0.000008507, down 6%. A bounce from here might target resistance at the Value Area High and beyond, especially if bullish sentiment strengthens.

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This post is for informational purposes only and does not constitute financial advice or endorsement.