everyone thinks buying the dip on meme coins is an easy double, but actually, you are just catching falling knives if you do not wait for market structure to shift.

most retail traders end up round-tripping their bags because they fomo into a chart just because it printed one green candle. you end up buying the local top of a relief bounce and getting stopped out minutes later.

look at $VVV right now for a perfect case study. everyone is eager to frontrun the next leg up, but entering here before seeing a clear higher high on the daily is a massive risk. we need to see the price break and hold key resistance to actually confirm buyers are back in control.

if $VVV invalidates the local downtrend, then we have a setup. until then, it is just a distribution phase where late buyers get exit-liquidity'd. i am watching this one closely alongside $WIF to see if the volume actually shows up for a real breakout.

are you bidding this range or waiting for a confirmed breakout?

#memecoins #crypto #trading