ProfessorAJ_
--
Bullish
$1000CHEEMS $TST Both 1000CHEEMS/USDT and TST/USDT are about to open for trading, as indicated by the countdown timers. These are meme coins, and their price action in the first moments of trading can be highly volatile. Here's what to do:
š„ How to Play the Opening Trade:
1. Early Entry (Risky & High Reward) š
Buy immediately when trading opens to ride the initial FOMO pump.
Set a trailing stop-loss to secure profits if price spikes.
2. Wait for the Dip (Safer Approach) š
Most meme coins pump at launch and then retrace.
Wait for the first dip before entering to avoid buying at the top.
3. Short the Hype (If Available) š
If futures trading is available, shorting after an overextended pump can be highly profitable.
Watch for exhaustion signals (sharp wick rejections, RSI above 80).
ā ļø Key Warnings:
Liquidity: These meme coins might have low volume, leading to slippage.
Exit Plan: Never hold too longāquick profits are the key.
Monitor Binance Listings: New meme coins often see short-lived spikes followed by dumps.
š Set alerts, get in & out fast, and avoid holding too long! š
š„ How to Play the Opening Trade:
1. Early Entry (Risky & High Reward) š
Buy immediately when trading opens to ride the initial FOMO pump.
Set a trailing stop-loss to secure profits if price spikes.
2. Wait for the Dip (Safer Approach) š
Most meme coins pump at launch and then retrace.
Wait for the first dip before entering to avoid buying at the top.
3. Short the Hype (If Available) š
If futures trading is available, shorting after an overextended pump can be highly profitable.
Watch for exhaustion signals (sharp wick rejections, RSI above 80).
ā ļø Key Warnings:
Liquidity: These meme coins might have low volume, leading to slippage.
Exit Plan: Never hold too longāquick profits are the key.
Monitor Binance Listings: New meme coins often see short-lived spikes followed by dumps.
š Set alerts, get in & out fast, and avoid holding too long! š
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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