PEPE Rallies 10% as 'Dogecoin Millionaire' Glauber Contessoto Shares His Easiest Trade Yet

PEPE/USD has surged 10% on Friday, catching traders' attention, who believe the meme coin is gearing up for a major rebound.

Pepe (PEPE/USD) price has surged 10% on Friday, catching traders' attention, who believe the meme coin is gearing up for a major rebound.

After surging 60% last week, meme coin Pepe has pulled back from the highs but is still up 10% on the day, catching traders' attention.

After hitting lows of $0.00008 on Monday, PEPE has rallied strongly, now trading at $0.00013.

The meme coin, which is named after the popular internet frog meme, has seen huge interest from retail traders this year, with many hoping to make large gains from the token.

‘Dogecoin millionaire’ Glauber Contessoto shared that PEPE has been his easiest trade yet, turning $100,000 into $130,000 in just three days.

After buying PEPE at $0.00009, Contessoto said he is now planning to sell half of his holdings at $0.00015 and the rest at $0.0002.

Trader Notes: Crypto trader MaxBecauseBTC doubled down on his bullish stance, claiming PEPE is "going to retire many young men this quarter."

Believe in something 🐸$PEPE is going to retire many young men this quarter.

Pepe's 3-day chart triggered a buy signal on the sequential indicator, appearing at a crucial support level.

If PEPE holds above $0.0001268, a rebound toward the 50-day EMA at $0.0001479 is likely.

If it falls below $0.0001268, a deeper correction toward the 200-day EMA at $0.0000771 could follow.

The wide gap between support and the 200-day EMA increases risk, making this a high-exposure trade.

$0.0001268 is the key level to watch for traders positioning for a move higher.