Overview
- PEPE continues to defend a short-term support band near $0.0000060–$0.0000069, with traders watching for a break toward nearby resistance.
- A newly created wallet withdrew 281 billion tokens from Binance worth about $2.03 million, according to The Data Nerd’s on-chain post.
- Nansen data shows the top 100 non-exchange Ethereum addresses increased holdings by nearly 1% to 306.7 trillion tokens as exchange balances fell 0.95% to 232.59 trillion.
- Trading activity spiked, with volume at one point 72% above average to 2.70 trillion tokens during tests of resistance around $0.000007249.
- Analysts outline a conditional setup with upside targets from roughly $0.0000077 to $0.0000097 if resistance levels are reclaimed, while a break below support could expose declines toward ~$0.0000050, and more aggressive multi-hundred-percent forecasts are presented as speculative.