That spike above 0.0037 is squeezing shorts quickly.
Momentum looks reactive with liquidity being taken.

1000PEPEUSDT
Διην.
0.0034901
+0.91%
🟢 LIQUIDITY ZONE HIT 🟢
Short liquidation spotted 🧨
$2.7948K cleared at $0.00369
Upside liquidity swept — watch reaction 👀
🎯 TP Targets:
TP1: ~$0.0038
TP2: ~$0.0040
TP3: ~$0.0043