$1000CHEEMS 🚀 1000CHEEMS/USDT – Momentum or Trap? 🐶🔥
📊 Quick Overview:
🔹 Current Price: $0.000939 (+10.73%)
🔹 24H High/Low: $0.000988 / $0.000815
🔹 RSI at 70.70 = Overbought Zone ⚠️
🔹 MACD Bullish Momentum = Uptrend holding
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🔍 Market Analysis:
📌 Massive spike from $0.000750 to $0.000988
📌 Support Zone: $0.00088 - $0.00090 (Needs to hold)
📌 Resistance Zone: $0.00098 - $0.00100 (Breakout or rejection?)
📌 Volume high, but RSI indicates risk of correction
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📈 Trading Setups:
🚀 LONG Setup – If $0.00088 Holds
💰 Entry: $0.00088 - $0.00092
🎯 Targets: $0.00098 / $0.00100 / $0.00105
🔻 Stop Loss: $0.00085
🔻 SHORT Setup – If Rejected at $0.00098+
💰 Entry: $0.00098 - $0.00100 (If rejected)
🎯 Targets: $0.00092 / $0.00088 / $0.00083
🔻 Stop Loss: $0.00102
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🔥 Final Thoughts:
⚠️ Overbought RSI – a pullback is likely!
✅ Bullish above $0.00090, but risky near $0.00100!
🎯 Wait for confirmation before entering.