$1000CHEEMS /USDT – Short Setup Alert! Rejection from 0.00185 Zone! 🚨
Current Price: $0.001772 (+8.45%)
Momentum Fading After Spike – Pullback Likely
$1000CHEEMS showed strong early upside, but now facing rejection at the $0.00185 zone and forming a descending pattern on the 15M chart.
Key Levels:
Resistance: $0.00185
Support: $0.00174 / $0.00168
Short Trade Plan:
Entry Zone: $0.00177 – $0.00179
🎯 TP1: $0.00174
🎯 TP2: $0.00168
🎯 TP3: $0.00161
🛑 Stop Loss: $0.00187
Market Insight:
Failed breakout with lower highs is a classic reversal sign. If price breaks $0.00174, expect cascading sell pressure.
Pro Tip:
Look for increased volume near $0.00174. A strong break confirms momentum shift to the downside.
Time to short the meme hype – weakness ahead on 1000CHEEMS!
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