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Short SPK is possible, but it's a game against a thin order book and algorithms:
the probability of a pullback is the highest,
but any buy-wall of 50–100 k USD can wipe out short positions.
If you enter, then after the formation of the first 5-minute candlestick, with a small volume and with a stop above the local high. A more conservative approach is to stand aside for the first day and look for a short point when withdrawals are opened and some stakers begin to bring the token to the market.
Trade carefully and commit a maximum of 1% of your capital to such a "knife game."