Recently been watching PIPPIN's trend and found that it is quite stable at the 0.313 level. Currently, there is an opportunity for light positioning.

First, let's talk about the risk control baseline—if it falls below 0.29, my advice is to exit decisively and not to hold onto false hope. Everyone is aware of the volatility in the crypto market; protecting the principal is more important than anything else.

Next, let's look at the upward potential. In the short term, focus on the 0.36 resistance level. Once it breaks through and stabilizes, it may aim for above 0.4. If this range can be effectively broken through, it could trigger a larger rally.

As for operational suggestions, keeping leverage within 10x is more prudent. I have seen too many cases of liquidation due to excessive leverage—profits are tempting, but the cost is too high. Reasonable leverage control is essential for longer-term success in the crypto market.