$1000CHEEMS ๐ 1000CHEEMS/USDT 1H Chart โ Rebound or Further Drop? ๐๐ฅ
๐ Current Price: $0.000876 USDT
๐ Timeframe: 1 H Chart (Hourly)
๐ Trend: Volatile Movement After Pump, Possible Retest of Support
๐ Candle Analysis โ Key Insights!๐๐๐
๐ 1000CHEEMS saw a huge spike earlier but is now retracing!
๐ Currently testing a crucial support zone around $0.000876 - $0.000880.
๐ RSI cooling down after reaching overbought territory (51.34).
๐ DMI shows buyers still dominant, but momentum is weakening.
๐ฎ Future Price Predictions & Trade Setups:
๐ BULLISH SCENARIO โ Rebound & Retest?
โ Entry: Buy above $0.000900 (if it holds support)
๐ฏ Target 1: $0.001000 โ
๐ฏ Target 2: $0.001200 ๐
๐ Stop Loss: $0.000850
๐ Confirmation Needed:
โ Higher volume to sustain the uptrend ๐
โ DMI green line must remain above red
โ RSI should hold above 50 to signal strength
๐จ BEARISH SCENARIO โ Further Drop Incoming?
โ Entry: Sell below $0.000850 (if support fails)
๐ฏ Target 1: $0.000800 ๐
๐ฏ Target 2: $0.000700 ๐ฑ
๐ Stop Loss: $0.000900
๐ Bearish Signs to Watch:
โ Lower highs forming on lower timeframes
โ Volume declining after the pump
โ RSI dropping below 50
๐ฅ Final Thoughts โ Whatโs Next for 1000CHEEMS?
๐ After a major price spike, 1000CHEEMS is now in a critical retracement zone.
โ ๏ธ Holding support at $0.000880 could trigger another bounce, but a failure may lead to a deeper pullback.
๐ Traders should watch RSI & volume for the next move!
๐ฌ Will 1000CHEEMS pump again or crash further? Drop your thoughts below! ๐๐๐ฅ
โ Disclaimer: This is not financial advice. Always do your own research before investing. Trade at your own risk! ๐จ
