A significant purchase of $2 million in PEPE tokens translates into interesting signals for the meme token market. This whale buy aligns with strong technical and on-chain metrics, suggesting that the price could test important support levels at $0.00001714. Signs indicate a possible upward trend continuation for PEPE tokens. With the market always fluctuating, investor sentiment can change rapidly. However, the recent whale activity raises optimism among holders. Increased interest in this meme token could pave the way for a broader trend reversal in the niche market. Can PEPE maintain its momentum, or will it encounter resistance? Those tracking the market are keenly observing.