After a small -3.5% dip,
$1000CHEEMS is holding its key support at $0.00142 — forming a tight range that looks ready to pop.
Volume is steady at 2.59B tokens traded, and this type of sideways action usually ends with a sharp move upward when breakout traders jump in.
⚙️ Full Trade Setup — 1000CHEEMS/USDT
Current Price: $0.001456
24h Change: -3.58%
24h Range: $0.001426 – $0.001526
24h Volume: 2.59B 1000CHEEMS (~$2.6M in USDT)
Technical Overview:
$1000CHEEMS is showing a mild pullback after a strong run earlier this week. Despite the -3.5% dip, price is still holding above key support — meaning momentum remains intact. The token is consolidating tightly, creating a base for the next impulse move.
Support Zone: $0.00140 – $0.00143 (previous breakout level).
Resistance Zone: $0.00152 – $0.00158 (top of consolidation range).
Structure: Sideways accumulation inside a bullish trend — often a sign of bulls reloading.
Why This Setup Works:
Healthy pullback after an extended move — exactly where smart money reloads.
Volume stability — over 2.5B tokens traded in 24h, showing consistent participation.
Clear risk zone — support at $0.00140 gives a tight invalidation point.
Range setup — breakout above $0.00153 can trigger a fast continuation run.
My Trade Plan:
Entry Zone: $0.00142–$0.00146 (accumulate near support).
Targets:
TP1: $0.00153
TP2: $0.00160
TP3: $0.00170+ (extension target)
Stop-Loss: $0.00136 (below range base).
Risk/Reward: ~1:3
Plan is to buy the dip, wait for confirmation above $0.00152, and ride the momentum if volume spikes.
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