The subsequent trend of $PIPPIN is indeed worth paying attention to. From a technical perspective, this asset will go through an interesting process. First, a downward pin bar will appear, which will directly wipe out a large number of stop-loss orders, especially those clustered below 0.3. In other words, the short positions will have a good escape opportunity. But this is not the end; rather, it acts as a relay. Afterwards, the price will continue to rise, targeting the region above 0.75.

If you have time to review this asset, especially if you are heavily involved, you will understand the true meaning of this analysis. The operational suggestion is: around the 0.3 level, consider establishing initial long positions. Then, as the price rises to around 0.7, start taking profits in batches. As for the specific entry point for short positions, there is no suitable opportunity yet. If there are chances in the future, I will continue to provide hints.