Memecoin: A Modest $60 Trade in Mumu on Solana
➖ Bitcoin is growing slowly for now, and today I noticed that altcoins and memecoins have become more active.
➖ I decided to try investing a modest $60 in the memecoin Mumu, which has the potential for a +120% move.
➖ I'm not expecting massive gains; the lows have closed higher, similar to October 2024, with a move toward 161.8% on the Fibonacci retracement. I opened a trade on Solana.
➖ Bitcoin is growing slowly for now, and today I noticed that altcoins and memecoins have become more active.
➖ I decided to try investing a modest $60 in the memecoin Mumu, which has the potential for a +120% move.
➖ I'm not expecting massive gains; the lows have closed higher, similar to October 2024, with a move toward 161.8% on the Fibonacci retracement. I opened a trade on Solana.
Trade active
Trade closed manually
Closed Mumu position +26.10%.For now, I’ll monitor and look for entry points in other coins.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.