Whales Sell 1 Trillion PEPE as Price Drops – Are We All Going to Be Broke Now? 🐳💸

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  • PEPE saying “Thanks, but no thanks” at the $0.00000891 level means we’re in for a bumpy ride.
  • One whale decided to take a $434K vacation by dumping $3.03M worth of PEPE. Ouch!

So, PEPE [PEPE] thought it could party like it’s 1999 at $0.00000927, but reality check: it crashed harder than my New Year’s resolutions. The market failed to keep the good vibes going at this resistance point.

After hitting the 0.50 Fibonacci support level at $0.00000698, PEPE was like, “I’m just going to sit here and think about my life choices.”

In just five days, our friend PEPE took a nosedive of over 50%. It had a glamorous two-week uptrend before hitting the “pause” button and reconsidering its life decisions.

Now, PEPE’s trying to find solid ground. If it can bounce off $0.00000698, maybe it can tickle the resistance zones at $0.00000811 and $0.00000927. Fingers crossed! 🤞

If our friend fails to hold onto the 0.50 Fibonacci support, we might see PEPE revisiting some darker places at $0.00000653 and $0.00000593, marking new lows as the primary support areas.

The MACD indicator is looking grumpier than a cat at bath time, showing declining momentum on its histogram. A downward crossover? Somebody call a therapist!

PEPE could be heading towards $0.00000593 if this downward drama doesn’t let up.

But, wait! There’s potential for a cheerful MACD crossover in our future. We might convince this memecoin to aim higher, like it just discovered avocado toast. 🥑

Remember that glorious breakout trend? Yeah, PEPE aimed for $0.00000927 before it got smacked down by resistance like my attempts to eat healthy.

If you’re feeling brave, the 0.50 Fib level might be your golden opportunity to jump in and start a rebound toward $0.00000927. Or you’ll just end up crying in your cereal.

PEPE Whales Selling at a Loss: Welcome to the Sad Show

In a dramatic twist, a PEPE whale sold a whopping 438 billion tokens—resulting in a $434K loss that could make anyone weep. #WhaleTears

Another trader, who had invested a staggering $21.6M into PEPE, is now facing a $3.23M loss. Who signed them up for the misery club?

They thought they could outsmart the market by throwing in an extra $3.8M USDC into Hyperliquid, turning part of their PEPE into cash—and booking a $1.3M loss instead. Smart move, right? 🙄

Meanwhile, over 1 trillion PEPE tokens hit the market like an unwelcome surprise party, driving prices down through every important support zone. Surprise! 🎉

It’s like a negative feedback loop of despair as liquidations continue to fuel the bearish sentiment. Investors are waiting for the moment they can start buying tokens as they flirt with fresh support areas.

Risk management was apparently absent for this whale, since they left another $3.23M to simmer in unrealized losses. Traders are watching those potential price declines with the same interest level as I have for my niece’s piano recital.

Market sentiment is split. Traders either think prices will keep plummeting or they’re ready to invest in floating devices to ride the waves of recovery.

Our heroic trader injected additional capital to cut risks and stabilize their shaky position. Because nothing says “I’m a responsible adult” like throwing more money at a sinking ship.

PEPE might be working on establishing new support ranks that could slow down the bearish thugs and create the perfect scenario for an upward movement like it’s ready for its comeback tour.

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2025-03-31 15:08