$1000CHEEMS / USDT Showing Signs of Recovery on Binance - Watch for Resistance! 🧀

Looking at the $1000CHEEMS / USDT 4-hour chart, we're seeing a potential bounce after a recent dip. Currently trading at 0.001355 USDT, it's down slightly by -0.51% in the last 4 hours but still up +2.96% for the day.

After touching the 24-hour low of 0.001312 USDT, $1000CHEEMS appears to be gaining some upward momentum. It's now approaching resistance around the 0.001385 USDT level (the 24-hour high).

Key Levels to Watch:

* Resistance: The 0.001385 USDT mark is the immediate resistance. Breaking above this could signal a stronger recovery.

* Support: The 24-hour low of 0.001312 USDT is acting as support. Holding above this is important for the recovery to continue.

What's your take on 1000CHEEMS's short-term price action? Do you anticipate a break through resistance, or will we see more consolidation before the next move?

Let's share your analysis and trade cautiously!

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