The daily average Trading Volume of PEPE coin surged from 700 million USD to 6.8 billion USD, marking the largest increase in the past three months, which is a clear signal of higher trade volumes. On-chain data indicates that multiple large traders are entering the market, including well-known contract investor James Wynn, who established a long order worth tens of millions of USD with 10x leverage. The key resistance level lies between 0.00001680 USD and 0.000020 USD. If it breaks through effectively, it is expected to challenge the historical high of 0.00002803 USD and even test the round number of 0.000030 USD. The support level is around 0.00001280 USD, serving as a short-term dividing line for bulls and bears.

PEPE-0.24%
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