$1000CHEEMS /USDC – SHORT TRADE SIGNAL🔴
LOWER HIGHS BELOW $0.001361
WEAK RECOVERY AFTER $0.001245 SWING LOW
OVERALL BEARISH TREND STILL ACTIVE
$1000CHEEMS attempted a bounce after dipping to $0.001245 but is now stalling near $0.001291, showing signs of exhaustion. The broader trend remains bearish, with consistent rejections at lower levels and no bullish breakout confirmation yet.
🔴 Short Trade Setup:
• Entry Zone: $0.001290 – $0.001310
• Take Profit (TP): $0.001230
• Stop Loss (SL): $0.001345
Market Outlook:
Sellers are likely to defend the $0.001310 resistance. If the price fails to sustain above this zone, expect another leg down toward $0.001230.
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