$1000CHEEMS TECHNICAL ANALYSIS – BULLISH SETUP
$1000CHEEMS shows early signs of bullish momentum after consolidating near recent support levels. Price action indicates a potential upward breakout as the 24h low remains intact and volume shows accumulation. Short-term moving averages are starting to slope upward, confirming buying pressure.
Trade Setup:
Long Entry: Above 0.001385
Target 1 (TP1): 0.001424
Target 2 (TP2): 0.001450
Stop Loss (SL): 0.001362
Risk Management: Keep risk per trade below 2% of portfolio. Use trailing stops to protect profits once TP1 is reached.
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