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PEPE Set for 17% Surge: On-Chain Metrics and Technical Analysis Align

PEPE, the world's third-largest memecoin, is poised for a 17% surge to $0.000028 if it closes above $0.0000243. On-chain metrics and technical analysis suggest a bullish outlook.

Key Highlights:

1. _On-Chain Metrics_: Exchanges have witnessed $15 million worth of PEPE outflow, indicating potential upside momentum.
2. _Binance Trader Sentiment_: 80.57% of top Binance traders hold long positions, while 19.43% hold short positions.
3. _Technical Analysis_: PEPE has formed a descending triangle pattern and is on the verge of a breakout.
4. _RSI_: PEPE's Relative Strength Index (RSI) is below the overbought area, indicating room for an upside rally.

With on-chain metrics and technical analysis aligning, PEPE's bullish outlook suggests a potential breakout and 17% surge in the coming days.

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