After this wave of selloff plays out, the market feel is completely different. $PIPPIN ’s previous high looked exciting, but in reality it kept getting thinner and more hollow as it was pushed higher. Many people were still stuck in the impulse of chasing pumps and didn’t notice that sell pressure had already started proactively pressing the market.

The key is around 0.0197. The price keeps probing there, but it never manages to hold steady. At the time, I could tell something was off here. Not every pullback is meant to be picked up—once the relay is cut at certain spots, it becomes the most comfortable entry area for the shorts.

Now the price is at 0.0171. This short trade’s profit has already shown +259.86%, and the move has extended clearly. After the profit comes in, don’t get carried away—if you can take profit in batches, do it. First handle part of the main position; the rest should follow with protective stops. If the rebound is too strong, don’t stubbornly grind it out.

The most important thing in trading is timing, not that you have to fill every leg. If you didn’t catch it, don’t chase lower—wait for a more comfortable level to move.

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