A bullish flag forms when a sharp upward movement (called a flagpole) is followed by a downward-sloping consolidation phase (the flag). This structure suggests that after a short pause, the asset might resume its previous uptrend.
On the chart, PEPE rallied sharply in early May, then entered a controlled pullback within a descending channel. This pullback shaped the flag portion of the pattern. Meanwhile, trading volume remained relatively stable, and the price stayed near the 50-day exponential moving average (EMA), which is currently around $0.000001112.
If PEPE breaks out above the upper boundary of the flag with strong volume, it would confirm the bullish flag setup. In that case, the price could climb 125% from today’s level of $0.000000907, reaching the target zone near $0.000002051. The projection is based on the height of the previous rally before the flag formation.
The setup remains valid as long as PEPE holds support near the current range and avoids a breakdown below the lower trendline.
PEPE RSI Nears Oversold Zone as Bullish Flag Pattern Takes Shape
The PEPE/USDT chart displays a well-defined bullish flag pattern.
Initially, a strong upward surge established a robust flagpole, followed by a consolidation phase in which prices retraced slightly within a narrow, downward-angled channel. This retracement forms the flag, signaling a pause in the upward momentum while the market digests the prior run-up. Volume has tapered during the consolidation, which often precedes a breakout on renewed buying interest.
Technically, support appears to be holding at the lower boundary of the flag, while resistance aligns with the recent highs that form the upper limit of the consolidation channel. Should the price break above this resistance with substantial volume, it could signal the continuation of the prior uptrend, potentially targeting an upward move that reflects the height of the flagpole added to the breakout point.
In summary, the chart indicates that if the pattern confirms with a bullish breakout, PEPE/USDT may resume its upward trajectory, reinforcing the current bullish bias.
PEPE DMI Indicator Flips Bullish as Trend Strength Begins to Build
June 22, 2025 — The Directional Movement Index (DMI) for PEPE/USDT signals weakening bearish pressure and a possible bullish shift.
The +DI (orange) line is at 29.18, while the -DI (blue) is at 14.81, showing that bullish strength has overtaken bearish momentum. Meanwhile, the ADX (red) stands at 21.62, which indicates a trend is forming but still lacks strong momentum.
Over the past few weeks, the +DI crossed above the -DI, signaling a possible trend reversal. As the ADX starts to rise from low levels, it could confirm the beginning of a stronger directional move if the +DI holds above.
If price action breaks out of the bullish flag shown in the price chart and volume increases, the rising DMI could support a broader trend continuation to the upside.
PEPE MACD Stays Bearish as Downtrend Strengthens
The MACD indicator on the PEPE/USDT daily chart signals continued bearish momentum with no immediate sign of reversal.
The MACD line (blue) sits below the signal line (orange), and both are positioned under the zero line, confirming a bearish phase. The current values are:
The histogram continues printing red bars, reflecting that the gap between the MACD and signal line remains negative. This suggests sellers are still in control.
Additionally, both lines are trending downward, which supports the recent drop in price. For a bullish shift to begin, the MACD line must reverse direction and cross back above the signal line, preferably with a move above the zero line.
At this stage, the MACD confirms the downward pressure visible in price and RSI, aligning with the current phase inside the bullish flag pattern.
