For volatile meme coins like $BONK and $PEPE, my go-to is Trend Trading. It’s not about hype; it's a strategy to capitalize on market momentum. I focus on identifying the dominant trend if it’s making higher highs and higher lows, it's an uptrend.
I use tools like Moving Averages to see the market's direction. When a short-term MA crosses above a long-term one, it often signals a buying opportunity. However, with meme coins, the trend can reverse in an instant. That's why strict risk management is essential. I always use stop-loss orders to protect my capital and never risk a large portion of my portfolio on a single trade. This method provides a structured way to trade these exciting but unpredictable assets.
