“Despite The Drop, Pepe’s Derivatives Market Activity Remains Strong, With Open Interest Reaching $ 560 Million and Trading Volume AT $ 1.2 Billion.”, – WRITE: www.coindesk.com
The token Traded in a Range Between $ 0.0000913 and $ 0.0000951, with A Brief Attempt at A Rally Stalling Near Resistance Before Giving Way to A Slow DECLIN Model.
The Session Orated Near $ 0.0000939 and PEAKED EARLY AROUND $ 0.000095 Before Consistent Seling Pressure Weighed on the Token. Pepe’s Price Steadily Declined Througout the Overnight and Morning Hours, Briefly Consolidating Near $ 0.000092 Before Sling Lower.
DESPITE The Drop, Activity in Derivatives Markets Continued to Build and Pepe Has Past 24 Hours.
Open Interest in Pepe Futures Reached $ 560 Million Accounting to Coinglass Data, While Total Trading Volume ClimBed to $ 1.2 Billion.
For now, market watchers are focused on whather pepe can MainTain its footold about the $ 0.000091 Support Zone or Risks Slipping Toward Lower Ranges.
A Break Above $ 0.000095 Could Shift Sentiment, But Any Such MOVE WOURT NEED TO SUPPORTED BY Stronger Volume and Confirmation from Broader Market Consions.
Technical Analysis OverViewPEPE’S 24-HOUR TRADING RANGE COVERED A $ 0.0000034 SPREAD, ABOUT 4% BETWEEN SESSION Highs and Lows. Selers Consistently Emerged Near $ 0.000095, Making It A Clear Resistance Level for Now.
Support Near $ 0.000092 HELD UP DURING EARLY AND MID-SESSION TESTS But Weaned Into The Final Hours. The Token Showed Signs of a Higher Low Formation Earlier in the Session, A Structure of FTEn Associated with Bullish Acumulation.
However, Deckling Volume Into The Close Paints A Picture of Hesitation, Not Convention.Tempray Surges in Trading Activity Suggest Some Positioning Dringing Short Volume Fell Off.
Unless Buyers Return in Force, The Recent Attempt at Consolidation May Give Way to a Broader Retracement.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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Circle is Positioned to Benefit from Surging Stablecoin Adoptation and Support Regulation, But The Company’s Valuation Already Reflects Much of the Upside.
- Citizens initiated coverage of stablecoin Issuer Circle with a Market Perform Rating.
- Stablecoin Leadership and Infrastructure Give The Stock Long-Term Potential, But The Current Valuation Is Already Pricing in Much of The Upside, The Report Said.
- The Stablecoin Market Could Grow to $ 3 Trillion from $ 300 Billion by 2030 Under Support Regulation, The Bank SAID.
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