PEPE AT $0.00000450: WHALE WITHDRAWALS, FALLING OPEN INTEREST AND A POSSIBLE DECEMBER RECOVERY
I have been studying PEPE/USDT on the daily timeframe, and the current market structure is worth watching.
Here are four important signals.
WHALE ACTIVITY
Tracked whale wallets recorded approximately $14.6 million in net PEPE withdrawals from exchanges over seven days. However, the latest 24-hour data showed around $3 million in net deposits.
Withdrawals may indicate accumulation, but they do not guarantee buying activity.
FUTURES MARKET RESET
Open interest declined approximately 20 percent to $269.8 million, while the funding rate turned negative at around -0.024 percent.
This suggests leveraged positions have cooled. If spot buying returns, a short squeeze could become possible.
IMPORTANT TECHNICAL LEVELS
PEPE is trading around $0.00000450, with RSI at 38.71 on the supplied chart.
Support levels:
$0.00000450
$0.00000429
$0.00000410 to $0.00000399
Resistance levels:
$0.00000469
$0.00000489
$0.00000496
$0.00000510
A confirmed breakout above $0.00000469 followed by a successful retest would make the recovery structure more interesting.
DECEMBER 2026 PRICE SCENARIOS
Bearish scenario: $0.00000330 to $0.00000399 if major support breaks.
Base scenario: $0.00000480 to $0.00000570 if recovery continues.
Bullish scenario: $0.00000620 to $0.00000700 if volume increases, Bitcoin stabilises and meme coin momentum returns.
These are possible scenarios, not guaranteed price targets.
MY FINAL STRATEGY
I prefer gradual spot accumulation instead of chasing sudden price increases.
For futures trading, confirmation, controlled leverage and a clear stop loss are essential.
PEPE needs genuine buying demand, stronger volume and sustainable momentum to support a recovery.
THE BIG QUESTION:
Will PEPE reclaim $0.00000500 before December ends, or will sellers push the price towards $0.00000400 first?
Are you accumulating PEPE or waiting for confirmation?
#PEPE #Memecoin #CryptoMarket #Bitcoin
