PIPPIN recently experienced a fierce rally — a short-term increase of up to 50%. Such rapid surges often signal a warning: the bullish momentum is beginning to weaken.

From a technical perspective, the 15-minute K-line has been weakening consecutively, and the upward momentum has significantly diminished. This level is quite critical, as the pressure for a pullback is gradually emerging. Short-term traders may consider shorting at the current price levels, waiting for this correction to play out.

It is important to note that there may be small rebounds designed to lure buyers in, which is a common shakeout tactic. Making the right call can be quite profitable, but the premise is to be responsible for your own investment decisions. If you have a different view, going long is also perfectly fine — the market always has both bullish and bearish voices, and choosing a strategy that suits you best is the most important.