Many people just felt that $PIPPIN couldn't drop further, but the market directly gave an unexpected downturn. This kind of position tests patience the most.

I had already noticed this level earlier, but what really caught my attention was PIPPIN's bounce back to 0.0197 with volume failing to follow up. The price appeared to be consolidating on the surface, but was actually losing momentum underneath. Simply put, the rhythm has changed – bulls are not taking the initiative, and bears only need to wait for a breakdown trigger.

Now the current price has come to 0.0171, and the ROE on this short position has reached +249.87%, with the trend extension clearly unfolding. I don’t want to take the profit for granted here; an 80/20 approach feels more comfortable – lock in most of it first, and let the remaining run with a protective stop.

When the trend gives you profits, don't hesitate. When the trend doesn't offer new entry points, don't blindly chase. If you didn't get in, don't rush – wait for the next opportunity.

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