$1000CHEEMS /USDT BEARISH SIGNALS INTENSIFY: SUPPORT BREAK LOOMS AS SELLERS GAIN CONTROL!

Immediate Explanation:

$1000CHEEMS/USDT is displaying clear weakness after multiple rejections from the $0.00145 resistance zone. Current price action around $0.001397, with a dip to $0.001394, suggests bearish momentum is picking up. The price is forming lower highs and testing support without strong buyer reaction, indicating a possible breakdown below $0.00139. Lack of volume confirmation on bounce attempts adds weight to a bearish outlook.

🔻 Trade Setup: (Short Entry)

Entry: $0.00140 – $0.00142

Take Profit (TP): $0.00136 / $0.00132

Stop Loss (SL): $0.00146

📉 Market Outlook:

The broader trend remains weak with no bullish divergence or reversal patterns visible on the lower timeframes. Until a decisive break above $0.00145 occurs with volume, the market is likely to lean bearish, potentially revisiting earlier demand zones.

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