In the fast-paced world of Solana memecoins, liquidity providing (LPing) can be a goldmine for fees—but only if you avoid the pitfalls like rug pulls. A recent thread on X from @narkokek highlights insights from @tendorian9, a seasoned LP in the Meteora ecosystem, sharing his systematic approach to entering positions and raking in massive fees without getting burned.

Setting Up Your Screening Filters

@tendorian9 starts his day with DEX Screener, a popular tool for scanning crypto pairs. He focuses on Solana-based tokens and applies specific filters to weed out high-risk plays early on. Here's the breakdown:

• Market Cap Minimum: $250,000. Below this, tokens are often in their volatile "pump" phase, prone to rugs. Above it, they've started to stabilize, making them safer for earning fees from minor price corrections.
• 24-Hour Volume Minimum: $1 million. This ensures there's enough trading activity to generate fees without the token being too illiquid, which could signal impending rugs.
• Sort by Age: From earliest to latest. This helps spot newer tokens that meet the criteria without diving into ancient ones.

He emphasizes skipping any token without a profile picture—it's a quick red flag for potential scams.

Key Indicators for Precise Entries

Guessing entries is a rookie's mistake. @tendorian9 relies on four technical indicators on DEX Screener to time his dynamic liquidity market maker (DLMM) positions on Meteora. DLMM is Meteora's advanced LP system that allows for concentrated liquidity ranges, similar to Uniswap V3 but optimized for Solana.

• Supertrend: A trend-following indicator that helps identify when the price is in an uptrend or downtrend.
• Bollinger Bands: These show volatility; he uses defaults to gauge price squeezes and breakouts.
• RSI (Relative Strength Index): Customized to a length of 2 and an upper limit of 90, colored white for visibility. This short length makes it sensitive to overbought conditions in fast-moving memecoins.
• MACD (Moving Average Convergence Divergence): Defaults work here to spot momentum shifts.

He switches between 5-minute and 15-minute charts based on the token's age—shorter for very new ones to capture more data points.

For example, in the clip, he analyzes "SAME" coin, which launched 15 hours prior and fit his filters perfectly.

Why Wide Spot Ranges and Entry Triggers

When opening positions, @tendorian9 prefers wide "spot" ranges—typically from -90% to +50% around the current price. This broad setup captures fees from price swings without getting ranged out too easily. Narrow ranges might seem efficient but increase the risk of impermanent loss (IL), where the value of your LP position drops due to price changes.

His entry trigger? All four indicators aligning in a bullish setup, signaling stabilization after the initial pump. He avoids opening big positions (like $10k–$50k) until these confirmations.

Red Flags to Steer Clear Of

Avoiding rugs is half the battle. @tendorian9 shares several warning signs he refuses to ignore:

• High Bid-Ask Spread: If it's over 70–80%, it's often a rug waiting to happen. He aims for spreads under a certain threshold (adjusted per coin) to ensure liquidity.
• Bundled Tokens: Tokens registered as bundles (common in scams) are a hard pass. Bundling hides malicious code, increasing rug risk.
• Phishing Attempts: More common than straight rugs these days. Watch for suspicious Telegram groups or dev behaviors.
• Dev Wallet Activity: If the dev wallet buys but doesn't sell, or if there's unusual clustering, it's suspect.
• Low Engagement or Fake Hype: Coins with artificial volume or no real community traction often flop.

He notes that about 30% of setups show these flags, leading to quick rugs. By filtering them out, he focuses on high-potential plays.

Real-World Application and Community Buzz

The thread includes clips demonstrating these setups in action, like on the "SAME" token. Community responses from LP Army members praise @tendorian9's approach, with comments like "Evil Panda does it again" and "Insane useful information!"

If you're in the Meteora LP Army or exploring Solana DeFi, these tips could transform your strategy. Check out the full thread 여기에서 비디오를 확인하고, DLMM에 대해 더 알아보려면 Meteora의 사이트를 방문하세요.

Remember, while these strategies minimize risks, crypto is volatile—always DYOR and never invest more than you can afford to lose.