PEPEUSDT is quite interesting right now — on one side, a strong long-term upward trend is unstoppable, while on the other side, the price is stuck at a key resistance level, showing signs of short-term momentum exhaustion. The market is at a crossroads between "the trend will continue" and "a technical deep correction."

**Bullish Perspective:**
Following the trend leads to prosperity; don't guess the top easily. Looking at the full cycle, the moving averages are diverging in a bullish manner, the trend structure is intact, and the upward wave has been confirmed by massive trading volume. The support from capital is evident, and market sentiment and momentum are overwhelmingly bullish. In the face of such a strong trend, shorting based on overbought indicators is essentially an against-the-trend risk. Bulls should hold their positions and let profits run.

**Bearish Perspective:**
The law of extremes is ironclad. The price is stuck at a strong resistance level, the long-term RSI and KDJ are in dangerous zones, and short-term signs of weakening upward momentum are emerging — these classic technical signals are in front of us. Bears are looking to capitalize on a high reward-to-risk technical correction. Even if they fail, quick stop-losses can keep them alive and out of trouble.

But what is the most painful risk here? It’s the inertia of the trend. Under market euphoria, indicators can stay overbought for a long time, and the price may consolidate sideways rather than fall, only to break out again with increased volume — crushing the bears.

The key level now is 0.0070. Once a double top structure and a major cycle divergence are confirmed, it could trigger a collective profit-taking. Otherwise, the inertia of the trend will continue to unfold.