This short position unwound very smoothly—after $PIPPIN was pressured down from the high, the chart didn’t show hesitation, but a steady, continuous decline.

What really caught my attention was the repeated failure around 0.0197. The price clearly tried to push higher, but each time it went up, it got smashed back down—indicating that the overhead holders simply aren’t willing to give way. Many people are still waiting for a rebound, but what I see is that the structure has already loosened; in plain terms, the rhythm has changed.

Now at 0.0162, the profit on this short shows +349.82%. Once the room for volatility opens up, the mindset for holding should actually be even cooler. Being right on direction doesn’t mean you can hold recklessly—once the profit is there, it’s time to start thinking about protecting it.

I’ll handle it in batches with an 80/20 approach: take profit on the bigger portion first, and use the rest with the protective levels to continue following. If it keeps pushing lower, let the small position absorb the extension; if a strong rebound appears, it won’t force me to give back the initiative from earlier.

Don’t be impulsive if you missed this move—after a sharp drop, don’t chase shorts; on a rebound, don’t chase the order either. Wait for the next time at a more comfortable level.

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