$1000CHEEMS every indicator showed it was meant to go down but now it is going back up. Tell me this isn't an outright manipulation to make shorters losers
Support & Resistance Levels: Key Support: $23.00 ā Recent low, crucial for short-term stability. Resistance Zone: $28.00 - $30.00 ā Major test area for bounce continuation.
š¢ Market Sentiment: After a brutal -57% drop, AUCTION shows signs of relief buying. Volume increase and a base around $23 suggest a potential bounce ā but beware, this could be a dead cat if resistance isn't cleared.
š„ Pro Tip: If youāre trading the bounce, lock partial profits early and trail your stop. Reclaiming $30+ would be a strong reversal signal, not just a bounce.