PIPPIN recent price movements have attracted market attention. The price has pulled back significantly from its high to around 0.276, with bearish forces gaining the upper hand. However, it's worth noting that both bulls and bears are quietly accumulating energy at lower levels, and the possibility of a short-term rebound still exists.

From a technical perspective, PIPPIN's current trend is clearly downward. Although there have been many short liquidations recently, which may trigger a short-term rebound, the rebound itself could also become a new shorting opportunity.

From a trading perspective:
- If the price rebounds to the 0.288–0.295 range, this level can serve as a reference shorting point
- Stop loss should be set above 0.300
- Lower target looks toward 0.252; if it breaks this level effectively, consider adding shorts, with further targets pointing to 0.23

A more aggressive trading approach is to add to shorts once 0.252 is broken, with extreme case downside targets potentially reaching 0.185.

It's important to emphasize that trading is fundamentally a probability game. Any trading strategy should be built on the foundation of strict risk management, with stop losses and position sizing being crucial. PIPPIN and similar coins have high volatility, so participants should fully assess their own risk tolerance before making decisions.