Can PEPE rise to the sky? Two main factors are sending a clear message.

The "whales" are increasing their activity in accumulating PEPE, as on-chain data records a large trading volume soaring to 141.81 million USD in the last 24 hours — equivalent to a rise to the sky of 73%.

Notably, this wave of large-scale trading occurs just as PEPE is testing a key support area according to the flag pattern – a technical signal that often plays a role in shaping the next trend.

Typically, such movements can signal the continuation or reversal of a trend. In this case, the positive moves from the "whales" are creating expectations for a potential bullish reversal phase.

! Source: IntoTheBlockThe timing of whale consolidation is becoming a decisive factor. In the context of the general market continuously emitting mixed signals, PEPE still firmly protects the key technical support area. In this area, the price recorded a strong rebound, as shown by a 4% increase in just one day — a sign that demand is quietly returning.

Open contract increases strengthen bullish scenario

Another significant bullish signal comes from the sudden breakout in the number of open contracts (OI) of PEPE – representing the total number of open Futures contracts and often viewed as a measure of market sentiment.

In this case, the simultaneous increase of OI and large-scale trading activity from "whales" indicates that the market is entering a phase of preparation for a strong price movement.

Source: CoinGlassThe resonance between on-chain data and existing technical signals is sending a clear warning: this is no longer a time to take the developments of PEPE lightly.

Liquidity clusters reinforce the upward trend

According to the heatmap (, liquidity clusters using leverage are clearly forming at higher price levels. This indicates the risk of a "short squeeze" ) against short positions if PEPE continues to break out, as these orders may be liquidated when the price suddenly increases.

Typically, such liquidity clusters will create an attraction for the price – especially during periods when the market actively seeks liquidity.

Source: CoinGlassThe combination of factors: positive technical signals, buying activity from whales, and the rise of OI, is painting a clear reversal picture – opening up opportunities for a new bull cycle of PEPE.

If the price can rise strongly from the current support zone, PEPE has the potential to record an impressive growth, especially as market sentiment continues to improve.

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