A significant sale by a large PEPE token holder on Binance triggered a 1% intraday dip, sending the price briefly below $0.00000938. However, PEPE swiftly rebounded, showcasing sustained buyer interest. Key indicators suggest confidence in the memecoin despite pressure from the sell-off. Analysis reveals that whale holdings are increasing, with over 1.5 trillion PEPE tokens still held by these investors while broader Ethereum whales saw a 1.46% rise in holdings over the last month. Despite a near-3% decline in the broader memecoin sector during the last 24 hours, PEPE remained relatively stable, demonstrating resilience against market pressures. The strong buying at support levels indicates a belief in the long-term potential of the project.