Recent technical analysis indicates that the PEPE cryptocurrency has entered a favorable accumulation phase. Many whales are increasing their holdings, which may lead to a possible 54% price rally. Strong on-chain metrics support this growth, yet bears still linger in the derivatives markets. Investors are closely observing these dynamics as they assess market conditions and potential entry points. The ongoing trends suggest that while bearish sentiment persists, bullish signals are emerging that could prompt significant rallies in the near future.