{"id":880,"date":"2025-05-26T10:37:14","date_gmt":"2025-05-26T10:37:14","guid":{"rendered":"https:\/\/bitunikey.com\/news\/james-wynn-longs-pepe-with-10x-leverage-as-pepe-price-eyes-potential-20-40-leg-up\/"},"modified":"2025-05-26T10:37:14","modified_gmt":"2025-05-26T10:37:14","slug":"james-wynn-longs-pepe-with-10x-leverage-as-pepe-price-eyes-potential-20-40-leg-up","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/james-wynn-longs-pepe-with-10x-leverage-as-pepe-price-eyes-potential-20-40-leg-up\/","title":{"rendered":"James Wynn longs PEPE with 10x leverage as PEPE price eyes potential 20% \u2013 40% leg up"},"content":{"rendered":"
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James Wynn, a \u201cmemecoin maxi\u201d known for his bold memecoin bets, has just taken a 10x leveraged long position on PEPE just as PEPE price appears to be printing the next leg up\u2014potentially eyeing a 20% to 40% gain.<\/p>\n

James Wynn is once again betting big<\/a> on Pepe (PEPE), having recently opened a 10x leveraged position on the memecoin. This suggests Wynn believes there\u2019s still significant upside potential for PEPE, despite it having already rallied almost 90% this month as it broke out of a long-standing consolidation range on May 8.<\/p>\n

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\nhttps:\/\/twitter.com\/JamesWynnReal\/status\/1926885374535635250\n<\/div>\n<\/figure>\n

Since that breakout, PEPE has continued to show strength. After the initial peak, price pulled back and formed a higher low, followed by a new higher high at $0.000014, indicating continuation of a bullish structure. It now appears to be printing another leg up.<\/p>\n

Technically, PEPE is holding above both the 20 EMA and 50 SMA, which have maintained a bullish crossover since mid-April. The 20 EMA has acted as dynamic support, absorbing the recent pullback to $0.000012 and helping PEPE price rebound.<\/p>\n

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Source: TradingView<\/a><\/figcaption><\/figure>\n

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Looking ahead, PEPE price appears to be targeting the $0.000017 level for its next leg up, which would constitute a 20% jump. This target corresponds to the level where the price faced rejection in May last year. That level also served as major support throughout December last year and January.<\/p>\n

Should PEPE overcome this resistance, the next major hurdle lies around $0.000020 \u2013 $0.000021, which aligns with a lower high established as the price was descending from its December ATH. Achieving $0.000020 would represent a gain of about 40% from the current $0.000014 levels.<\/p>\n

James Wynn\u2019s recent move to long PEPE is a significant development given his track record of profitable memecoin trades. Previously, Wynn reportedly earned $4.8 million and $6.8 million on Fartcoin (FARTCOIN) and Trump (TRUMP), respectively. He\u2019s also currently betting on Moonpig (MOONPIG), his own memecoin that has recently rallied almost 3000% in less than three weeks.<\/p>\n

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