I’m holding this empty order very firmly, because PIPPIN’s moves at the high level look too scripted: it first pulls up to raise hopes, then uses a series of consecutive pullbacks to trap the people chasing longs.

What really caught my attention back then was 0.0197. Multiple attempts to hold above it failed. The order book makes it feel like there’s someone continuously distributing up top. From the surface it still looks like ranging, but in reality the structure has loosened. Many people haven’t reacted yet, and the price has already started searching down for key levels.

Now $PIPPIN is at 0.0163, and the return rate is already +329.83%. The market’s upside/downside room has been released cleaner than expected. The biggest fear in trading is making random moves after seeing profit. What I care about most is whether the rhythm can continue. If the rebound lacks strength, only then does it make sense to keep looking at the remaining position.

My approach is still quite calm: I take profit in batches with an 80/20 split, and I keep a protective level on the remaining position. I’m not leaving my gains to luck. This isn’t the time to get excited—it’s about handling this round of rhythm completely.

If you didn’t get in, don’t chase the order, and don’t rush to chase a short either—wait for a more comfortable level.

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