1000CHEEMS/USDT Trade Plan & Analysis ๐๐ถ
๐ Current Price: $0.000755
๐ 24H High: $0.000950
๐ 24H Low: $0.000666
๐ 24H Change: -17.76%
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๐ Market Analysis
1000CHEEMS has experienced a sharp decline, dropping nearly 18% in the last 24 hours. However, it has bounced from the $0.000666 support, showing signs of a potential short-term recovery. The recent green candle suggests buyers stepping in, possibly indicating a reversal attempt.
๐ฏ Trade Strategy
๐น Entry Zone: $0.000720 - $0.000750 (buy on dips)
๐น First Target (TP1): $0.000850
๐น Second Target (TP2): $0.000950
๐น Stop Loss (SL): $0.000680 (below recent support)
๐ Key Observations
โ Support Holding: Price has found temporary support at $0.000666, indicating a possible bottom.
โ Recovery Potential: A break above $0.000800 could trigger bullish momentum toward $0.000900+.
โ Bearish Risk: If price fails to hold above $0.000700, further downside toward $0.000600 is possible.
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๐ข Final Thoughts
1000CHEEMS is at a crucial decision point! If it sustains above $0.000750, we could see a strong bounce back. However, breaking below $0.000700 could continue the bearish trend. Risk management is key!
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#1000CHEEMS #1000cheemsanalysis #TradingSignals #TradingStrategies๐ผ๐ฐ #1000CHEEMS&TSTOnBinance
