$1000CHEEMS /USDT đ» BEARS TAKING CONTROL! WATCH FOR FURTHER DOWNSIDE!
1000CHEEMS/USDT is showing strong bearish momentum as the price drops to $0.000832 (-0.60%), struggling to hold key support. Increased selling pressure suggests a potential breakdown if key levels fail.
đ Key Levels:
Resistance: $0.000850 - $0.000880 (Rejection zone)
Support: $0.000820 - $0.000800 (Break below = further downside)
đ Trade Setup (SHORT):
Entry: $0.000830 - $0.000840
Take Profit: $0.000810 / $0.000790 / $0.000770
Stop Loss: $0.000860
đ Market Outlook:
The price is making lower lows with increasing volume, signaling stronger selling pressure. If the support at $0.000820 breaks, expect further decline towards $0.000800 and below. A bounce above $0.000850 could invalidate the bearish setup.
â Risk Management:
Always stick to stop losses to minimize risks. Never risk more than you can afford to lose and manage position sizes carefully.
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