This decline didn't come suddenly; the real change was hidden in those false breakouts at the highs.

At the time, each time $PIPPIN surged upward, it was pushed back. It still looked strong on the surface, but in reality, buying pressure couldn't keep up. I entered a short position around 0.0197. The key point is here: most people focus on the breakout, but I focused on whether it could hold after the breakout. In the end, it repeatedly gave the opposite answer.

Now the price has come to 0.0169, and the position PnL shows +269.86%. With the volatility range opened up, this short trade has captured the portion it was meant to.

But the more favorable a trade is, the more you must avoid turning yourself into a gambler. My approach remains conservative: first take profit in an 80/20 split, then let a small portion ride with a protective stop, leaving room for profit and also a way out.

In a downtrend, sharp reversals happen most easily. Don't forget the risk just because of some profit. If you didn't enter, don't rush—don't chase trades, don't chase emotional entries at lows. Wait for the next opportunity and wait for a more comfortable entry point.

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