Date: Mon, June 09, 2025 | 07:20 AM GMT

The cryptocurrency market continues to face choppy consolidation, with Ethereum (ETH) trading in a tight range between $2,700 and $2,400 since May 13. This uncertain volatility has put pressure on major memecoins including Pepe (PEPE), which is down over 10% in the past month.

Source: Coinmarketcap

But amidst the pullback, there’s a glimmer of optimism building in the charts.

Familiar Fractal Signals Potential Upside Move

Crypto figure @MaxBecauseBTC has pointed out a strikingly familiar fractal pattern unfolding on PEPE’s chart that could hint at a significant rally ahead. When comparing the current price structure of June 2025 with past breakout setups from March 2024 and November 2024, the similarities are hard to ignore.

In both earlier cases, $PEPE formed a descending triangle pattern followed by a bottoming consolidation phase marked by a red accumulation zone. After price settled and weak hands were shaken out, PEPE exploded upward—delivering explosive returns.

PEPE Fractal Chart/Source: @MaxBecauseBTC (X)

Looking at the present chart, the June 2025 structure is mimicking the exact same setup: a descending trendline, sideways consolidation inside a familiar accumulation range, and early signs of renewed bullish momentum. PEPE is currently trading around $0.00001171 and holding above the key support level near $0.000010.

What’s Next for PEPE?

If this fractal plays out similarly to previous cycles, it could trigger a major rally for PEPE—potentially pushing the price toward the $0.000040 to $0.000050 zone, based on historical projections. This would mark a multi-fold move from current levels and reaffirm PEPE's tendency to surge hard once key resistance levels are broken.

While the broader market remains cautious, traders and investors may want to closely monitor this structure. A breakout above the descending trendline could mark the start of PEPE’s next explosive chapter.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.