Memecoin Maverick James Wynn Goes All In on PEPE: 10x Leveraged Bet Signals Huge Gains Ahead

Wynn's Bold Move on PEPE Amidst Soaring Prices

Hang onto your hats, crypto fans! James Wynn, the notorious "memecoin maxi" known for his wild bets, has just thrown down a massive 10x leveraged long position on PEPE. And get this—he's betting big just as PEPE's price looks set to rocket up another 20% to 40%!

PEPE's Bullish Run Continues

Wynn's doubling down on Pepe (PEPE) again, folks. He's opened that 10x leveraged position because he's convinced there's still a ton of upside left, even after PEPE's already soared nearly 90% this month. It broke out of a long-ass consolidation range on May 8, and it ain't stopping there.

Technical Analysis: PEPE's Strong Momentum

Since that breakout, PEPE's been on fire. After hitting a peak, it pulled back but formed a higher low before blasting to a new high at $0.000014. The bullish vibes are strong, and it looks like another leg up is in the cards.

From a technical standpoint, PEPE's staying above the 20 EMA and 50 SMA, which have been bullish since mid-April. That 20 EMA's been a solid dynamic support, soaking up that recent dip to $0.000012 and helping PEPE bounce back.

Next Targets: $0.000017 and Beyond

Get ready, because PEPE's aiming for $0.000017 next, which would be a 20% jump. That's where it got rejected last May, and it was a major support level throughout December and January last year.

If PEPE can smash through that resistance, the next big challenge is around $0.000020 to $0.000021. That's where it hit a lower high while coming down from its December all-time high. Hitting $0.000020 would mean a 40% gain from the current $0.000014 levels. Buckle up!

Wynn's Memecoin Mastery: From FARTCOIN to MOONPIG

Wynn's move to long PEPE is huge, especially given his track record of raking in the dough with memecoins. He reportedly made $4.8 million on Fartcoin (FARTCOIN) and $6.8 million on Trump (TRUMP). And right now, he's betting on his own memecoin, Moonpig (MOONPIG), which has skyrocketed nearly 3000% in less than three weeks. This guy knows how to play the memecoin game!