The phrase "taking down a peg" means to humble or take someone down a notch. Therefore, antonyms for this phrase would be words that connote elevating or uplifting something or someone. Some antonyms for "taking down a peg" include praising, exalting, lauding, congratulating, and commending. Instead of diminishing someone's confidence or status, these words highlight their positive attributes and recognize their accomplishments. It is important to use these words to encourage and motivate people, rather than tearing them down. By focusing on positivity and bolstering each other, we can create a culture of empowerment and support.