Based specifically on this order book, here are 5 realistic reasons why
#PEPE can still move bullish (even though it looks sell-heavy at first glance):
1. Large Ask Walls Act as “Liquidity Targets,” Not Permanent Resistance
Those big red stacks (0.000010–0.000016):
Are visible liquidity
Often placed intentionally to attract price Market makers and momentum traders push price into liquidity, not away from it.
Big walls = magnets, not ceilings.
2. Sell-Side Is Layered, Not Stacked
Notice how asks are:
Spread across many levels
Not concentrated at a single price
This means no single strong defense.
Once price starts moving, layers get eaten quickly → fast expansion.
3. Bid Side Is Thin by Design (Absorption Setup)
Low visible bids doesn’t mean no buyers:
Strong buyers often hide orders
Absorb sells via market buys
This is common before impulse moves, especially in memes.
4. Psychological Trap: Heavy Red Encourages Shorts
An 84% sell ratio:
Encourages traders to short
Discourages weak longs
If price moves up even slightly, short covering adds fuel, accelerating upside.
5. Liquidity Staircase Above Price
From 0.000010 → 0.000016:
Liquidity is clearly defined
Clean path upward
Once momentum enters, price often runs the staircase rapidly — especially in meme coins.
#PEPE #pepepumping #pepe⚡