$1000CHEEMS /USDT – Long Trade Setup
Current Price: $0.001520
Trend: Bullish breakout with strong momentum and volume confirmation
Trade Setup (Long):
Entry Zone: $0.001490 – $0.001540
Stop Loss: Below $0.001445
Target 1: $0.001570 (previous wick high)
Target 2: $0.001640 (next resistance zone)
Why this trade is profitable:
The price broke above consolidation with strong bullish candles, signaling fresh demand. Volume supports the move, and structure shows higher highs and higher lows – a clear bullish sign.
Risk Management:
A tight stop loss is placed just below the breakout candle to reduce loss if the trend reverses. Always risk only 1–2% of your capital per trade. If the price dips below $0.001445, exit the trade to prevent deeper losses.
