The cryptocurrency market has experienced a downturn in the second half of June, with Bitcoin reaching a monthly low of $64,000. Amidst this decline, the Pepe Coin (PEPE) has also felt the impact, dropping to a low of $0.00000968. However, despite this correction, the coin's bullish pattern remains intact, hinting at a potential rebound.

Over the past three weeks, the PEPE coin has been trading within a flag pattern, indicating a temporary counter-trend move. This pattern suggests that the coin may experience a breakout, leading to a 40-45% rally. However, if the coin fails to hold its current trendline, it may experience further correction.

The recent market correction has seen a significant deposit of $4.27 million worth of PEPE tokens into Binance, hinting at whale activity. Despite this, the coin's price has not experienced a significant increase, suggesting that the smart money investor may not expect a major move in the near term.

Technical indicators such as EMAs and ADX suggest that the coin may face resistance in the short term. However, if the coin breaks out of its current trendline, it may experience a significant rally.

In conclusion, the Pepe Coin's price analysis suggests that the coin may experience a breakout or further correction. The coin's bullish pattern remains intact, but whale activity and technical indicators suggest a cautious approach. As the market continues to evolve, it is essential to keep a close eye on the coin's trends and patterns to make informed investment decisions.