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PIPPIN has recently experienced a significant increase, but from a technical perspective, continuing to chase long positions carries considerable risk—frequent liquidations on the 1-hour chart, and profits can be easily eroded. Conversely, shorting is also not reliable, because sudden upward spikes can occur at any time, followed by a genuine decline. This is why sometimes the wisest decision is to do nothing.
When the price reaches this level, a pullback is highly probable. The issue isn't whether it will fall, but when and how it will fall. Many people's problem is impatience, fearing to miss the opportunity, and as a result, they exhaust all their ammunition before clear signals appear.
Trading isn't that complicated: waiting is to act with more confidence. Proper position management, risk management, and signal confirmation—if these three are handled well, opportunities will come naturally. Don't fight the market; sometimes, observing quietly and waiting is the strongest strategy.