$1000CHEEMS USDT BULLISH BREAKOUT ON THE EDGE 🚀
$1000CHEEMS is showing strong bullish momentum, currently trading at 0.001417, approaching its 24h high of 0.001427. The price has formed a clear V-shaped recovery on the 4H chart, indicating buyers’ aggressive entry and potential breakout above resistance.
Trade Setup (Long):
Entry Zone: Above 0.001420 confirmation
Targets:
🎯 TP1: 0.001450
🎯 TP2: 0.001480
🎯 TP3: 0.001520
Stop Loss: Below 0.001390
Market Outlook:
The market shows strong upward momentum after a deep retracement, supported by volume increase. If price sustains above the resistance at 0.001427, it could initiate a rapid bullish continuation. However, rejection may lead to a short-term pullback.
⚠️ Risk Management:
Always use calculated position sizing and SL to protect capital from sudden meme coin volatility.