🚨 PEPE Weekly Blast💥💥: The "Short Squeeze" & The Path to $0.000008! 🐸📈
1️⃣ Weekly Performance: A 12% Rebound! 📊
After a rocky start to the week that saw PEPE dip to $0.0000057, the frog staged a massive comeback. A $3 Million short squeeze on January 14 propelled the price back above the critical $0.000006 psychological level, marking a total weekly recovery of approximately 12%.
2️⃣ Technical Breakout: Descending Triangle Cleared 📐
Technical analysts are cheering as
$PEPE officially broke out of a descending resistance trendline on the weekly chart. The successful retest of the $0.0000059 zone confirms that buyers are defending the new floor. As long as we hold above $0.000006, the next target is $0.0000076.
3️⃣ Social Hype vs. Fundamentals 📣
On January 15, a viral forecast from a major influencer sparked a sudden 34% intraday surge, reminding everyone that PEPE remains the most sensitive asset to social sentiment. Despite having "no intrinsic utility," its community of 500,000+ holders continues to drive record-breaking spot volume (over $1.2 Billion this week).
📊 PEPE Snapshot:
Current Price: $0.00000587 (-1.1% today, +12% weekly) 🎯
Market Cap: $2.47 Billion 💎
24H Volume: $333 Million 🌊
💡 The Play: PEPE is currently consolidating around $0.0000059. If Bitcoin stays stable over the weekend, look for a "meme rotation" that could push PEPE toward the $0.0000069 resistance. Watch for a "Golden Cross" on the 4H chart!
Where is the frog heading next week?
1️⃣ Moon mission to $0.000008 🚀
2️⃣ Consolidating at the $0.000006 floor 🛡️
3️⃣ Waiting for the next viral tweet 🐸
Are you still HODLing your PEPE bags? Drop a 🐸 below! 👇
#Write2Earn #PEPE #MemeCoinSeason #CryptoNews #ShortSqueeze $PEPE $XRP