#MEME #MLP
Based on current market data, we provide trading strategies for meme coin contracts: Should we go long on meme coins? Will meme coins rise?
📊 Technical Analysis
DOGE price $0.2223, daily RSI 50 indicates neutral, hourly RSI 57.6 is slightly bullish
SHIB price $0.00001257, daily RSI 45.9 is slightly bearish, hourly RSI 54.7 is neutral
PEPE price $0.00001062, daily RSI 44.3 is slightly bearish, hourly RSI 52.1 is neutral
🎯 Contract Strategy Suggestions
1. Short Strategy: SHIB and PEPE show weak technicals, consider opening short positions when rebounding to resistance levels
2. Swing Trading: DOGE is relatively strong, consider going long near support level $0.219, target $0.225
3. Leverage Control: It is recommended to use 5-10x leverage with strict stop-loss
⚠️ Risk Management
The Fear and Greed Index at 50 indicates a neutral market, with high volatility
Set stop-loss at 2-3%
Single position should not exceed 10% of total funds
🚀 Short-term Opportunities
Pay attention to high volatility trading opportunities in emerging meme coins like YZY, but control position size.