A recently launched Meme-type token on a certain exchange has attracted a lot of attention, but these kinds of coins generally lack fundamental support and are high-risk assets. Observing recent price fluctuations indicates that participants need to have a clear risk management strategy.
For trading advice, it can be broken down as follows: if you haven't built a position yet, the current market is not the best time to enter. Users who already hold a position must set a stop-loss point, recommended at $0.11 (corresponding to the previous support level). Taking profits in batches is a prudent approach—gradually reducing positions at $0.16, $0.18, and $0.20.
It is especially important to emphasize not to chase the high. The $0.15 level is no longer suitable for adding new positions. Even experienced holders with some risk resistance must set a stop-loss, preferring to preserve capital even if it means earning less. This is a fundamental rule for survival in high-volatility assets like Meme coins.
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tx_or_didn't_happen
· 01-10 07:28
It's the same old meme coin scheme to trap retail investors. The fact that someone is still pushing in at 0.15 shows they're really a brave warrior.
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AlgoAlchemist
· 01-09 01:53
You're cutting leeks again; meme coins are purely gambling. I'll just watch from the sidelines.
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NotAFinancialAdvice
· 01-09 01:51
Meme coins, to put it simply, are gambling. If you chase in now, you're really just a bag holder.
I remember the 0.11 stop loss, but most people won't really set it when betting five dollars.
Those who chase the high deserve it. This time, I won't pay tuition again after being cut.
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ConsensusDissenter
· 01-09 01:43
It's the same old story again, meme coin hype is just gambling. Don't set so many stop-loss points; stop-loss just means losing money.
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MevTears
· 01-09 01:37
It's the same old story with meme coins; those chasing the high still end up losing. Setting a stop loss at 0.11 is indeed prudent, but it all depends on whether you're willing to stick to it.
A recently launched Meme-type token on a certain exchange has attracted a lot of attention, but these kinds of coins generally lack fundamental support and are high-risk assets. Observing recent price fluctuations indicates that participants need to have a clear risk management strategy.
For trading advice, it can be broken down as follows: if you haven't built a position yet, the current market is not the best time to enter. Users who already hold a position must set a stop-loss point, recommended at $0.11 (corresponding to the previous support level). Taking profits in batches is a prudent approach—gradually reducing positions at $0.16, $0.18, and $0.20.
It is especially important to emphasize not to chase the high. The $0.15 level is no longer suitable for adding new positions. Even experienced holders with some risk resistance must set a stop-loss, preferring to preserve capital even if it means earning less. This is a fundamental rule for survival in high-volatility assets like Meme coins.