MEME coins have once again become the vanguard of the market, especially POPCAT in the SOL ecosystem has risen by 100%, MEW has risen by 80%, and WIF has risen by 50%.

Memecoin Position Building Course:

You may not be able to stay in front of the computer at all times, so you may miss a good opportunity to buy. But this does not mean that you will miss future profit opportunities. If a MEME coin has risen and there is a pullback, how to judge whether it still has the potential to rise?

Here is a practical tip 📒:

When the price is consolidating and the number of addresses holding coins is increasing, you can gradually buy in the bottom range of the consolidation. If you are worried about the lack of strength in the rise, you can sell directly at the pressure point ahead. In this case, it is very common to get a profit of 30%-50%, so you should decide the position you can afford based on this part of the profit.

If you see large buy orders from new wallet addresses (created within a few days or even hours) at key pressure points, these wallet addresses are usually the first funds transferred from the exchange, and then bought in batches at the pressure point, and the purchased coins are then dispersed and transferred out. At this point, you can basically confirm that the dealer wants to protect this position.