$1000CHEEMS USDT BEARISH CONSOLIDATION — PRESSURE BUILDING BELOW RESISTANCE!

$1000CHEEMS USDT is struggling to reclaim momentum after a sharp drop from the $0.001328 high. Price action remains choppy with multiple failed attempts to sustain above the average level at $0.001295. MACD and volume are both flat, showing indecision and weak follow-through from bulls. This could lead to a downside retest if volume doesn’t step in soon.

🔴Trade Setup – Short Position

Entry Zone: $0.001295 – $0.001305

Take Profit 1: $0.001279

Take Profit 2: $0.001255

Stop Loss: $0.001315

📉Market Outlook:

The market is consolidating in a tight range with decreasing volatility. Unless buyers break through $0.00131 with volume support, a move to retest the recent low is likely. Momentum indicators show weakness — favoring short-term bearish continuation.

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