The Lilywhites are the English top flight's in-form side over the past four months, winning 14 and drawing two of their last 17 outings to close in on Chelsea at the summit.
Spurs are now just four points adrift of Chelsea and have momentum on their side, but attention switches to the FA Cup on Saturday evening when the London rivals collide at Wembley.
Despite Tottenham boasting the better form, with the Blues losing two of their last four matches to open the door, Pochettino insists that it is the opposition who head into the match as favourites.
"If there is one favourite it's more Chelsea because they are on the top of the table in the Premier League and with the experienced players they have, and the manager that they have," he told reporters.
"I think it's a more experienced team than us. But we're in a good moment too, a hungry team. To challenge now this type of club, of team, is a very important thing for Tottenham."
Tottenham have lost just one of the last four encounters between the two sides - a 2-1 reverse at Stamford Bridge in November.