PEPE whale shifts 4B tokens: A signal for an upcoming rally?

Significant whale transactions and positive trading indicators suggest an imminent PEPE rally, despite its recent market challenges.

This transaction aligns with PEPE’s rebound from the support level of a bullish symmetrical pattern.Market trends now indicate that the memecoin is gearing up for a rally, aiming to revisit its May peak of $0.00001725 and potentially climb higher as key factors align.

A supply squeeze occurs when the available supply of a cryptocurrency becomes limited, often resulting in higher prices if demand continues unabated, as buyers compete for a shrinking pool of available coins. In this formation, prices typically oscillate within these levels until a breakout occurs near the point of convergence.

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