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LIT just launched on the contract market the day before yesterday. I've mentioned many times that new coins like this—initially pumping sharply after listing—is common. It's actually abnormal if they don't pump. Liquidity hasn't been fully released yet, chips are highly concentrated, and between the manipulators pulling and dumping, the K-line can form astonishing patterns.
However, the rhythm of new coin movements is actually quite regular: first a wave of rise to release emotions, then a dump to clear out floating chips. I was monitoring the market based on this idea. After the initial pump triggered panic points, the price started to shrink in volume at low levels without breaking new lows. Such positions present opportunities for betting.
I chose stable points on the chart and tested the long side with a small 500U position, adhering to three principles: not greedy, not all-in, only riding the emotional recovery. The rebound came as expected, and I exited fully at a reasonable position, finally ending with 200U.
Many people say earning this little is too little, but I never see it that way. On the first day of a new coin's trading, survival always comes first. Don't chase highs, don't gamble on luck, don't daydream. Fully grasp the wave you can safely hold, and that's enough. Market opportunities are endless; keep your bullets, there are more chances ahead than you can use.
Final words: In trading, you may not agree with my method, but the logic behind it is straightforward—when strength is needed, be strong; when conservative, stay honest and steady.
Follow targets: JELLY, PIEVERSE, LYN, IR, XPIN, BEAT