Pepe Coin Price Eyes $0.000027 Surge as Whales Load $3M Longs: Details

Key Insights:

• Pepe Coin Price targets $0.000027 after whales opened $3M in 10x long positions.
• A double-bottom breakout is seen with first resistance at $0.000018 and second at $0.000027.
• When whales join the market, it often signals a change in trend, the risk is that their selling could cause short pullbacks.

Pepe Coin Price is showing strong breakout potential after confirming a double-bottom structure and attracting whale interest. According to technical analysts, recent purchases worth $3 million on Hyperliquid suggest a movement toward $0.000027. This aligns with important Fibonacci zones and heavy resistance, hinting at the possibility of a bull run.

Double-Bottom Pattern Supports Bullish PEPE Price Outlook

According to Crypto Genius, PEPE weekly chart revealed a double-bottom structure, suggesting a reversal in the trend. The chart projected two potential highs at $0.00001872 and $0.00002745 while price is near the support formed by the neckline. Going long when prices reach the 0.618 Fibonacci zone makes this a valuable entry point for most traders.

Notably, a gold zone pullback to the 0.618 level might create a good chance for investors to open long positions. Historically, buyers have been drawn to this area and a recovery from here could allow bulls to make further gains.

This technical structure marked a potential turning point for Pepe coin price, as it mirrors patterns seen in other meme coin rallies that preceded explosive upside moves. If bullish momentum keeps rising, investors who stay patient might witness the price moving toward the second expected price point of $0.00002745.

Sell Wall at $0.000018 Holds Key to PEPE Price Breakout

Analyst CW highlighted that PEPE price is testing a significant resistance zone around $0.000018, which has acted as a sell wall in recent months. All the attempts to break higher than this level have been ended by low volume and more selling. Even so, the narrow range reached below this threshold might point to an upcoming breakout.

If PEPE price can decisively close above $0.000018 on the daily chart, analysts expect a swift move toward the next resistance at $0.000026. The zone fitted well with the double-bottom’s expected second target, proving the structure’s significance.

Both volume and strength show signs of recovery. For every new dip, the lows are rising and it seems buyers are building a position before a breakout happens. Since both horizontal barriers and psychological challenges are met, a breach might start yet another upward movement.

Whales Open $3M in Long Positions on Hyperliquid

Both Coinglass and Hyperliquid showed that two whales have added over $3 million in leveraged long positions for PEPE in just 48 hours. These traders were confident in an upcoming price increase, so they picked positions at 10x leverage.

Historically, Pepe coin price tends to surge shortly after such whale entries. Such investors watch for big movements in the market. The fact that long entries are being placed just as PEPE retests the neckline resistance suggests that pro traders anticipate the token breaking out to $0.000027.

If these positions are not sold and prices go higher, it could indicate that big institutions are showing confidence. However, if the rally falters and the price reverses, these positions could be liquidated. This leads to sell-side pressure that would temporarily depress the PEPE price.

Pepe Coin Price Eyes Higher Targets

Additionally, a new analysis from Jacob Crypto Bury added further weight to the bullish case for Pepe coin Price. His PEPE chart revealed a continuous upward movement after a stage of strong accumulation. Currently, the price is rising along a support line, with its resistance around $0.000017450, just within the double-bottom neckline zone.

The chart pointed out a key regression channel and indicates that big buy-side trading volume has picked up again. This rise matches the $3M worth of long positions held by whales as reported on Hyperliquid. All these indicators point to a higher leg in the price action expected in the following weeks.

Bury also pointed out resistance levels at $0.00002749 and $0.000028364, which is in line with earlier forecasts. As long as PEPE holds the rising trendline and breaks above the $0.000015000 zone, the structure suggests that Pepe coin price could enter a high-momentum phase targeting those upper levels.