PEPE has seen a 24% price correction and failed to breach a crucial resistance level, but whale activity may drive a rally.
Large transactions have surged, reaching $85 million, indicating potential bullish momentum due to whale confidence in future price recovery.
The Mean Coin Age decline signals that some long-term holders could be selling, affecting PEPE's rally potential.
Currently trading at $0.00001040, PEPE aims to breach $0.00001146, possibly leading to a rise towards $0.00001369, offsetting recent losses.
If PEPE breaks resistance, a 33% rally could occur, restoring market optimism and overcoming a bearish-neutral outlook.
