Talking about MEME, I held DOGE and PEPE overnight. Since I plan to hold them for a while longer, I opened positions on other accounts, waiting to take profit at the target level, isolating from the swing trading account.
MEME is behaving very strangely. After DOGE broke through, it didn't experience the continuous surge I expected. Unlike ETH and SOL, which quickly broke away from their resistance zones, DOGE has been in a very weak oscillation, lingering just above the resistance level. The closest to the breakout zone is WIF, which has been repeatedly washing at the resistance level, showing strong momentum. Once it breaks through, it will be significant.
In the case of DOGE, it could be that there are too many retail investors on board, making it heavy, or it's waiting for something, perhaps news to stimulate it? Or is it waiting for Bitcoin to complete a small breakout and consolidation before rising? However, the breakout of WIF and PEPE is really just a matter of time. It's advisable to chase the breakout to reduce holding risks.
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