Slow cook LPing on Meteora: three patient Bid-Ask setups.

🧑‍🍳 Slow cook LPing on @MeteoraAG. I have written about the slow-cook approach in my recent posts.

Michael Zogotmichaelzogot.xyz · StrategyPost

Multiday LP on Meteora: slow-cook positions

My earlier post on the slow-cook approach

1 min readRead the post →

Not every position needs to be rushed. Sometimes the best entries come with patience + chart discipline.

Here are some thoughts on LP entries, pool dynamics and slow-cook setups, with three examples.

$SPARK

1. High market cap
2. 24h volume higher than liquidity
3. The lowest point of the chart is untouched. Could be a potential target.
4. 100 bin-step, Bid-Ask, up to -74%

Open the SPARK/SOL pool on Meteora

$TROLL

1. High market cap
2. 24h volume to liquidity 1:1
3. The price has reached resistance, and we may see a downside move.
4. 160 bin-step, Bid-Ask, up to -49% should be ok

Open the TROLL/SOL pool on Meteora

$TOKABU

1. High market cap
2. 24h volume to liquidity a bit less than 1:1
3. The price has not renewed the high, so we could see a move to the downside.
4. 100 bin-step, Bid-Ask, up to -70% should be ok

Open the TOKABU/SOL pool on Meteora