$1000CHEEMS /USDT โ BEARISH MOVE LIKELY ๐๐โ๐ฆบ
๐ CURRENT PRICE: $0.001462
๐ด 24h Change: -5.56%
๐ Trend: Bearish Momentum Building
๐ KEY LEVELS TO WATCH:
Resistance Zones:
R1: $0.001500 โ immediate resistance
R2: $0.001550 โ strong supply zone
R3: $0.001600 โ breakout point to turn bullish
Support Zones:
S1: $0.001420 โ current weak support
S2: $0.001380 โ stronger historical support
S3: $0.001340 โ next demand zone
๐งจ TRADE SETUP (SHORT):
Entry: $0.001460 โ Confirm breakdown below $0.001470
SL (Stop Loss): $0.001505 โ Above nearest resistance
TP1: $0.001420 โ Quick scalp target
TP2: $0.001380 โ Medium-term target
TP3: $0.001340 โ Extended move target
๐ Reason: Price is consistently printing lower highs, with volume fading. Failed to reclaim $0.001500, indicating continued seller dominance.
๐ก๏ธ RISK MANAGEMENT:
Risk only 1-2% of your capital per trade
Stick to SL, no revenge trading
Use position sizing appropriate to account size
๐ฅ Stay sharp โ Bears are in control for now! ๐ป๐ฃ
#Crypto #MemeCoins #CHEEMS #TechnicalAnalysis #PowellRemarks #MyTradingStyle #GENIUSActPass #Write2Earn $1000CHEEMS