POSITION: 🔻 SHORT

📍Coin: $1000CHEEMS /USDT

👉 Entry Zone: 0.001395 – 0.001440

📌 Leverage: 20x

🎯 Targets:

1️⃣ 0.001382

2️⃣ 0.001369

3️⃣ 0.001356

4️⃣ 0.001343

5️⃣ 0.001330

6️⃣ 0.001316

🛑 Stop Loss: 0.001465

📉 Technical Analysis:

Price Action: Multiple rejections spotted around 0.001440, indicating a strong resistance zone.

RSI: Hovering above 65 on lower timeframes — near overbought territory.

Volume: Weak buying volume despite price attempts to climb — signals exhaustion.

Trend: Price forming lower highs, hinting at potential breakdown continuation.

📊 Conclusion:

A short opportunity is forming due to rejection at resistance and bearish momentum signals. If price holds below 0.001440, a continuation down to the 0.001316 zone is likely. Use proper risk control with SL at 0.001465.