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So, here is the strategy I used to get these results. 136% in DLMM @MeteoraAG 🫡 A thread🧵👇
@MeteoraAG 1./Gaining momentum. This token $LMAO! appears to be in a reversal, indicating a significant surge in volume. It's a good time to start placing an entry point for DLMM. Next, I'll do a quick checklist to see if this token is safe.
@MeteoraAG 2./I focus on new tokens with the following 7 quick checklists: 1. Market cap over 1M ✅ 2. Token age over 12 hours ✅ 3. Large global fees paid ✅ 4. <a target="_blank" href="http://Rugcheck.com" color="blue">Rugcheck.com</a> = Good ✅ 5. Holders > 1.5k ✅ 6. No fresh wallets marked red ✅ 7. Still in bullish momentum ✅
@MeteoraAG 3./Setting up the outlook, range, and exit point I use Fibonacci retracements to find the range and exit point. Simply place the Fibonacci retracement from the lowest candle to the highest candle. See the following screenshot.
@MeteoraAG 4./Pool Selection Based on the outlook, I will purchase tokens and use Oneside tokens with a 50% Spot + 50% BidAsk setting. I prefer pools with a low total TVL.
@MeteoraAG 5./Summary - Only perform DLMM on tokens that have passed the checklist. - Know the market trend direction, whether it's uptrending, downtrending, or sideways. - Use Fibonacci to determine ranges and exit points. - Choose a pool with a low total TVL to get a larger share
