The meme heat curve—where are we today?
US stocks have become the focus today; here’s my take.
A look at the 24h performance of a few top meme tickers:
DOGE 0.0998 (+14.64%), SHIB 5.98e-06 (+8.53%), PEPE 4.83e-06 (+21.66%), WIF 0.2371 (+16.97%)
On the weekend, meme volumes are relatively low. Small-cap coins are easily pushed into big swings when orders get hit; limit orders are safer than market orders.
Usually, for the leader to hold steady first is a prerequisite for small-cap laggards to catch up, but this time it may not be the case.
If it breaks a key level, you can follow with a small position; set a stop-loss with a limit just below the structural support.
Are you holding any positions in the meme space recently?
#meme币 #DOGE #BTC
For personal observation only and does not constitute investment advice.
US stocks have become the focus today; here’s my take.
A look at the 24h performance of a few top meme tickers:
DOGE 0.0998 (+14.64%), SHIB 5.98e-06 (+8.53%), PEPE 4.83e-06 (+21.66%), WIF 0.2371 (+16.97%)
On the weekend, meme volumes are relatively low. Small-cap coins are easily pushed into big swings when orders get hit; limit orders are safer than market orders.
Usually, for the leader to hold steady first is a prerequisite for small-cap laggards to catch up, but this time it may not be the case.
If it breaks a key level, you can follow with a small position; set a stop-loss with a limit just below the structural support.
Are you holding any positions in the meme space recently?
#meme币 #DOGE #BTC
For personal observation only and does not constitute investment advice.