t amid leveraged positions. Spot CVD stays positive, showing buyers absorbing sell pressure to stabilize PEPE price action. Rising open interest by 7.6% indicates increasing leverage without clear [...]
PEPE Price Compresses in Descending Wedge as Leverage Builds Toward Potential Breakout
Neutral
PEPE
PEPEShare:
PEPE price is compressing within a descending wedge near the $0.0000039–$0.0000037 demand zone, supported by spot buyer absorption and rising open interest at $222 million, signaling potential breakout amid leveraged positions. Spot CVD stays positive, showing buyers absorbing sell pressure to stabilize PEPE price action. Rising open interest by 7.6% indicates increasing leverage without clear [...]