$1000CHEEMS /USDT – Short Trade Signal
Current Price: $0.00176
24h High / Low: $0.001860 / $0.001607
Volume:
$1000CHEEMS : 5.04B
Technical Overview:
Price facing resistance near $0.001860
Trading below MA(7) ($0.001793), showing early signs of weakness
MA(25): $0.001723
MA(99): $0.001633
Volume shows possible exhaustion — likely local top forming
Trade Setup:
Short Entry: Below $0.001755
Stop Loss: $0.001820
Targets:
🔻 TP1: $0.001695
🔻 TP2: $0.001630
🔻 TP3: $0.001570
Rationale:
Overextended short-term pump with weakening bullish pressure
Bearish divergence and MA rejection at intraday resistance
Volume spike could indicate distribution phase
Sentiment: Cautiously Bearish – Watch for breakdown below $0.001755 with volume confirmation.
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Crypto Master