What You Are Actually Trading

When using narrative holding, price is not the primary signal.

You're not trading candles. You're not trading short-term momentum. You're trading attention expansion over time.

Understanding this is what separates conviction from hope.


Attention moves before price

In memecoin markets, attention usually comes first.

Before large price moves, you'll often see:

  • Repeated mentions across Twitter

  • Growing discussion in replies and group chats

  • More participants engaging with the idea

  • Increased community activity

Price reacts to this process. If you focus only on price, you're often late to the real move.


Narratives grow in phases

Strong narratives don't move straight up. They tend to:

  1. Start quietly

  2. Expand gradually

  3. Pause or pull back

  4. Continue as attention spreads

  5. Eventually slow and fade

Price movement during this process is uneven. Pullbacks, chop, and slow periods are normal while belief is forming.


Why price noise is misleading

Short-term price action can be deceptive during narrative expansion:

  • Price may pull back even as attention grows

  • Consolidation can occur while participation increases

  • Volatility doesn't automatically mean weakness

Reacting to every candle leads to premature exits, lost positions, and emotional decisions.


What confirms narrative strength

When evaluating whether a narrative is still intact, focus on:

  • Whether attention continues to reappear

  • Whether new participants are joining

  • Whether discussion persists beyond one event

  • Whether the idea remains relevant

Price is only one piece of that picture. Attention longevity matters more than short-term direction.


When it breaks down

Narrative holding stops working when:

  • Mentions disappear instead of repeating

  • Engagement drops consistently

  • Interest shifts elsewhere

  • Discussion becomes forced or artificial

At that point, you're not trading expansion anymore. You're holding something the market has moved on from.


How this changes your behavior

Once you understand what you're actually trading:

  • You stop reacting to every move

  • You become more selective with entries

  • You hold winners more calmly

  • You cut when narratives fade, not when candles scare you

This mental shift is required before execution details matter.

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One tweet is noise. Repeated interest is signal.