This move isn’t just a simple pullback—it’s high-level supply starting to loosen.

$PIPPIN spent so long hovering overhead; on the surface it looks like the bulls are still holding up, but in reality each push up has been getting shorter. Back then, what I was watching was 0.0197. If it can’t reclaim and hold, the bears will start taking over the rhythm. A lot of people only see that the price is still high; I’m looking at whether the order book support is already clean—or not.

After the short is opened, the chart doesn’t give much hesitation. Once it breaks down, the move extends clearly. Now it’s at 0.0168, and the return is already +279.85%. The extension is obvious, which shows the core judgment for this trade hasn’t gone off: it wasn’t chasing the drop, but marking the position early while the price was under pressure at a high level.

Now that profits are in, the mindset has to be even cooler. For those with larger positions, consider an 80/20 split: take profit on most of it first, and keep the remaining small lot with a protective level to see if there’s a second release. If you miss this leg, don’t chase a trade—there’s no shortage of opportunities in the market. Wait for the next spot with stronger certainty.

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