Here is a brief and updated technical analysis as of August 4, 2025 for the 1000CHEEMS coin (Symbol: 1000CHEEMS):
📊 Current Price and Activity
The price of 1000CHEEMS is currently ranging between 0.00137 – 0.00139 USD on platforms like Binance and Phemex, with an approximate daily trading volume between 1.4 to 1.8 million USD.
The price is approximately 35% lower than the peak of around 0.002144 USD on March 25, 2025.
⚙️ Technical Indicators from TradingView
1. Overall Assessment
Oscillators show a Neutral state, meaning there are no clear sell or buy signals.
Moving Averages indicate a Strong Sell classification according to TradingView.
2. Chart Patterns
There is a symmetrical triangle forming over ~100 days, indicating gradual accumulation and reduced volatility, followed by a potential breakout or sharp movement soon.
A breakout attempt of the resistance for the upward trend has already occurred at block levels like ~0.0014 USD, with trading signals on the 12-hour timeframe suggesting a potential first target at ~0.00168 USD, a second at ~0.00218 USD, and a final target at ~0.00332 USD, with stop loss around ~0.001336 USD according to some analyses.
📈 Price Predictions
BeInCrypto predicts an average price of ~0.00133 USD in 2025, potentially reaching a maximum of 0.00205 USD, gradually rising to 0.00248 USD by 2027.
CoinDataFlow currently classifies the situation as Bullish—28 indicators pointing up against one down, with expectations that the price may rise to 0.0046 USD by 2029 and 0.0110 USD by 2036 in the best-case scenario.
CoinArbitrageBot sees a ~30% chance of short-term upward movement versus 70% downward, estimating an end-of-2025 price of ~0.00137 USD, with a potential rise to ~0.00374 USD by year-end, and a gradual increase to ~0.00848 USD in the coming years.
⚠️ Important Notes
The technical analysis has been provided based on current data only and should not be considered an investment recommendation.
The market is experiencing high volatility, so effective risk management should be considered (such as setting stop losses and rewards).
It is better to rely on a diverse set of indicators (such as RSI, MACD, trading volume) rather than just a few.
It is advisable to follow news related to the currency, such as technical developments or adoption by communities and token transactions.
✅ Recommendations
If you have a stop loss at a specific low level (~0.00133) and you expect a bullish breakout, entering after confirming strong trading volume might be a good idea.
If you are looking for longer-term strategies, you might want to focus on a price target in the range of 0.0020-0.0030 USD.
Diversification and not relying on a single currency is a smart trick in your portfolio.