Meme Insider
Ever jumped into a liquidity position on a hyped-up meme token, only to watch the price swing wildly and wonder when to cash out? If you're knee-deep in Solana's DLMM pools like the rest of us, nailing the exit can make all the difference between a tidy profit and a bag of regrets. That's exactly what trader @tendorian9 shared in a recent X thread, breaking down a slick $922.55 win on the Cameo-SOL pair—and it's packed with actionable insights for anyone farming fees on Meteora AG.
Let's dive into the play-by-play. Tendorian spotted Cameo hitting its all-time high on the 5-minute chart, right as it smashed through supertrend resistance. That's your classic green light for entry: momentum building, volume spiking, and the chart screaming "go time." He dropped into a wide-range DLMM position—think -95% bin step 125 with 10% base fee
🔍 Planning article structure
- The slug will derive from the SEO-optimized title, like "unlocking-profits-mastering-dlmm-exit-strategies-with-cameo-sol".
—locking in potential fees across a broad swath of price action. Smart move for meme tokens, where pumps can be explosive but dumps even faster.
But here's where it gets real: after the inevitable post-pump dump hit, Tendorian didn't panic-sell or HODL forever. Instead, he waited for two simple indicators to align like stars in a bull market.
First up, the RSI(2)—that's the Relative Strength Index tuned to a super-short 2-period lookback for snappy signals in choppy crypto waters. When it closed above 90 after the dip? Overbought territory, screaming "short-term top incoming." Pair that with the MACD histogram flipping positive on its first bar post-dump, and you've got convergence: momentum shifting bullish again, but ripe for an exit before the reversal bites.
By the time those signals flashed, the position had racked up over $900 in trading fees—pure passive income from liquidity swirling through the pool. Tendorian pulled the trigger, banking the full $922.55 and eyeing the next setup. No greed-fueled overstay; just disciplined execution.
This isn't rocket science, folks—it's about stacking a solid framework. Tendorian builds on his earlier threads: start with coin screening to pick winners (high volume, no red flags), nail pool selection for optimal fees, and layer in exits like these to protect gains. Repeat daily, compound those wins, and watch your portfolio climb. As he puts it, "LP is a lifestyle."
Shoutout to the LP Army crew and Meteora for powering these tools—without concentrated liquidity mechanics, farming meme token fees would still be a wild guess. If you're grinding Solana DeFi, tweak these RSI/MACD thresholds to your style, backtest on historical charts, and always DYOR. Got a killer exit story of your own? Drop it in the comments—we're all in this volatile ride together.
