Think it's good enough

$Pump doesn't look great here – I took some profits.

Good chance insiders frontrun the listing announcement from today. I think it makes sense to reduce a bit.

ENA also peaked on the Binance USDE listing news.

It went up and has been underperforming a lot since then.

Even fundamentally strong projects can underperform on LTF if OI unwinds and traders take profits.

I sold the top on ENA but bought it back too early.

Now I missed the top on PUMP but will make sure to not get back in too early.

I think PUMP is definitely a coin to keep on your radar, but there is a decent chance it needs to cool for a few days.

Maybe I'm wrong and PUMP just goes straight up again, who knows.

LTF noise. Both have plenty of room to go higher. Just a minor local too for now.

Yes absolutely.

With each post you read in here, keep in mind that I trade very short-term.

Days and weeks not months.

This is what I mean about PUMP.

Many traders seem to use the listings as exit points. As the coin loses momentum, more and more people close their positions.

This can result in a cooling-off period of several days.

I could be very wrong, but my pattern matching tells me it's will cool now.

Lets see what happens at US open

Bought back Pump yesterday after confirmation of strength.

I bought a decent bag of $AVNT yesterday.

Here is why:

- High-leverage RWA trading (stocks & stock indices with leverage)
- Vision: RWAs are overrated, but leveraged RWAs are underrated
- Nobody cares about 2% on an index, but with 10x leverage?
- This could find PMF in an underserved market.

What most people don't realise is that many countries only tax you on your crypto gains when you off-ramp into FIAT.

No taxes on leveraged stocks - but better risk profile.

Also:

- Backed by Base + Jesse, listed on all major exchanges day 1
- Massive airdrop already absorbed → strong entry point.
- Founder has a Pantera background.
- Among the most traded tokens on Coinbase at launch.

All of this makes $AVANT look like an asymmetric opportunity with favorable entry

Wrench attack is currently winning 😥

I don’t consume any livestreams.

What would you want to see if I started to stream?

I also bought AERO yesterday - around 2x the size of AVNT.

No fancy thesis but the chart looks like a clean bottom to me.

Will cut if the pattern invalidates.

As you know I am not the biggest TA believer but these bottoming charts are often good.

Another trade I am eying that also looks bottomed is Startup.

I haven't bought that one yet.

Not sure if I want to buy a memecoin, but it might also be a good Launchcoin beta.

(as you know I bought Launchcoin the other day)

Mind that these coins AVNT, AERO and possibly Startup if I decide to buy it are vastly smaller sized stuff like PUMP.

I think I'll probably pass — the volume is too low.

It could be a low-risk play and will probably increase in value, but I'd rather focus on important plays than split my attention too much.

Launchcoin looks great as well btw. happy with my top blast from the other day.

Maybe I should increase?

ENA is forming a cup and handle

Avantis frens ❤️