PIPPIN's recent trend has attracted market attention. The price has sharply retreated from its high point to around 0.276, with bearish forces dominating. However, it is worth noting that both bulls and bears are secretly accumulating energy at lower levels, and a short-term rebound still remains possible.

From a technical perspective, PIPPIN's current trend is clearly downward. Although there have been many short positions liquidated recently, which could trigger a short-term rebound, such a rebound might also present a new shorting opportunity.

From a trading standpoint:
- If the price rebounds to the 0.288–0.295 range, this level can be considered as a reference point for shorting
- Set stop-loss above 0.300
- The lower target is around 0.252; if this level is effectively broken downward, consider adding to short positions, with further targets at 0.23

A more aggressive trading approach is that once 0.252 is broken, add to short positions; in extreme cases, the lower target could be as low as 0.185.

It is important to emphasize that trading is fundamentally a probability game. Any trading strategy should be based on strict risk management; stop-loss and position management are crucial. Given the high volatility of currencies like PIPPIN, participants should thoroughly assess their risk tolerance before making decisions.