With this wave of PEPE's price action, the bears might be crying their eyes out in the bathroom.

The market data is quite interesting: although 51% of all funds are shorting across the network, the liquidation data from the past 24 hours tells a different story—bears got liquidated for $980,000, while bulls only lost $220,000. This 4.4:1 ratio says something: it suggests that people may be betting on the wrong direction. Each pullback is actually giving bulls a better entry opportunity.

On the technical side, a 5% rise is significant, but the RSI indicator has just reached 52, still far from the overbought zone. This usually means that the main holders are still holding tightly, and the real rally may not have started yet.

This is the classic market script: when most people short because they're afraid of heights, that's often when the smart money is smiling and waiting on the other side.

A few key levels to note from an operational perspective:

Watch the $0.00468-$0.00472 range—this is the dense area for short liquidations. If it drops to this area, consider building positions in batches.

If the price breaks through the $0.00474-$0.00478 resistance band, you can try a small position as a test.

But always remember, if it falls below $0.00445, you must stop loss and exit—don’t get emotional with the market.

Target levels can be set at $0.00485, $0.00500, and $0.00520.

The market always starts when most people can't see clearly, rises amid skepticism, and tops out when everyone is crazy. Right now, we're in a phase where the data is clear but sentiment is divided—your choice determines whether you're the hunter or the prey.

In trading, logic is much more important than luck.