$1000CHEEMS /USDT – Short Setup Brewing! 🔻
Current Price: 0.001642
Price is struggling below the key resistance, forming a lower high structure – signaling a potential short-term retracement!
Short Trade Plan:
Entry Zone: 0.001650 – 0.001670
TP1: 0.001610
TP2: 0.001580
TP3: 0.001520
Stop Loss: 0.001705
Resistance Zones:
0.001670
0.001688 (24H high)
Support Levels:
0.001610
0.001580
Market Insight:
Multiple rejections at the top + increased bearish candles suggest short-sellers stepping in. Break below 0.001630 could accelerate downside momentum.
Pro Tip:
Monitor volume – if selling spikes on breakdown, scale in for deeper targets!
This meme coin might be heading for a correction – position wisely and manage your risk!
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