Greetings, even though I am working with a spot grid bot, I keep an eye on the movement and it is good to know the key levels to adjust the bot's parameters. Thank you.

$1000CHEEMS showed significant volatility, initially dropping to $0.001400 before bouncing back to $0.001550. This price movement indicates strong momentum, but the market direction remains uncertain. The upward momentum is still in play, suggesting the possibility of continuing towards higher levels, perhaps targeting $0.001600 if buying pressure persists.
However, the recent pullback may indicate a potential move downward as well, especially if the price fails to maintain above $0.001550. Traders should monitor key support levels, with $0.001400 acting as an important area. If the price falls below this level, another decline could be anticipated. As always, it will be essential to keep an eye on volume and market sentiment to make informed trading decisions.
Trading here at $1000CHEEMS