#COOKIE
Currently, placing a short position at the previous high is a relatively good choice, because if you want to go long, you need to wait for a pullback, and the short-term probability of a pullback is not very high. Personally, I feel that placing a high short position yields more than a low long position.
The area above 0.19-0.2 on COOKIE is where the low-leverage portion of the short position should be placed.