Recently there have been a craze and buy rush for any coin new listed on Binance but usually turns to a nightmare for those who FOMO too early. $MBL which was listed today because they won vote for community coin dumped from 59 sats to 30 sats within some minutes. This was the case with LTO too. My little advise to traders, (especially newbie traders) is to analyze properly before diving into buying a newly listed coin on Binance especially and other exchanges with such hype. Even if you must do, use tight SL and moreover there is no point chasing a moving train.
Chasing after a moving train in this case, a newly listed coin is a terrible idea because doing such means fomo is already in place which will likely end badly at least from other experiences. This fomo being talked about isn't only on Binance it is on other exchanges but the issue is the one of Binance always comes with many hype thus everyone seeking for profit which then lead to dump in price. And just like you rightly pointed out, making good analysis on any coin before buy is the best way to start and using stop loss too is also good as well.