USDT LONG TRADE SIGNAL – BULLISH MOMENTUM BUILDING
Entry Price: $0.001526
Target 1: $0.001600
Target 2: $0.001720
Target 3: $0.001880
Stop-Loss: $0.001420
Trade Rationale:
$1000CHEEMS is exhibiting strong bullish momentum, currently up by 6.49% and demonstrating a clear breakout above the prior resistance level. The price action is characterised by a consistent pattern of higher highs and higher lows, signalling a well-established upward trend.
Volume has significantly increased, surpassing 2.24 billion, which reflects growing market interest and intensified buying activity. As long as the price sustains above the $0.001500 level, the bullish structure is expected to remain intact, with further upside potential.
A confirmed breakout above $0.001530 could attract momentum traders, accelerating the price towards the upper resistance zone near $0.001880.
Risk Management Note:
Traders are advised to consider moving their stop-loss to breakeven upon reaching Target 1 in order to secure profits and minimise downside risk.
Trading Venue:
You may execute this trade on $1000CHEEMS-supported platforms.