🚀$1000CHEEMS /USDT Analysis – Breakout Zone Confirmed? 🚀
Current Price: 0.001526 USDT
24H Change: +7.16%
Timeframes Analyzed: 1H & 4H
Trend Bias: ✅ Bullish continuation likely
📊 Chart Observations
🔹 1H Timeframe:
$1000CHEEMS Price is holding above the 20 EMA (0.001498), showing near-term strength.
RSI is at 70.79, nearing overbought, but not yet exhausted.
MACD histogram shows fading momentum but still bullish (blue above yellow).
🔹 4H Timeframe:📊
Clean breakout above previous resistance (0.001464), now acting as support.
MACD lines are aggressively diverging upward, signaling strong buying interest.
RSI at 71.65, a zone of caution for late buyers but still healthy for breakout riders.
🧠 Trading Strategy (Bullish Bias)💥
✅ Entry Zone: 0.001510 – 0.001520 (current price levels)
🎯 Target 1: 0.00160
🎯 Target 2: 0.00165
🛡 Stop Loss: Below 0.001455 (EMA50 zone)
Trade Duration: 8–16 hours (intraday breakout play)
🧠 A pullback to the 0.00149–0.00150 zone may offer a second entry opportunity. Watch for a bullish engulfing or RSI bounce from 55–60 zone for re-entry.
📌 Momentum is favoring buyers as $1000CHEEMS CHEEMS grinds above key moving averages. Caution is advised at overbought levels, but structure remains intact for upside continuation.
💬 “The market rewards discipline. Master your entry, protect your downside, and let profit run with trend.”
🧨 This is not financial advice. Do your own research before investing.
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