We analyze the 4H technical structure (thread) and Binance Futures metrics to identify where liquidity is leaning.👇
🧭 4H technical analysis:
PEPE is trapped in a key horizontal channel between $0.00000388 and $0.00000428 USD.
EMA 20 & 50: flat (~$0.00000405 USD), a clear sign of consolidation before a breakout.
RSI (4H): Shows a slight hidden bullish divergence when retesting the lower end of the range.
📊 Derivatives metrics on Binance Futures:
Funding Rate: Slightly positive (+0.008% ~ +0.01%), showing calm without overheating.
Long/Short Ratio: ~1.20 in favor of buyers among Binance's top traders.
Open Interest: Steady accumulation of contracts with no signs of mass liquidation yet.