1000CHEEMS Faces 3.51% Drop Amid High Volatility and Robust 1.48M USDT Volume on Binance

1000CHEEMSUSDT has experienced notable volatility in the past 24 hours, with the price declining by 3.51% to 0.000522 USDT on Binance. This price movement is largely attributed to recent profit-taking following a period of heightened volatility, as observed in user discussions and trading activity. Technical optimizations and tick size adjustments on Binance, alongside increased liquidity and direct fiat access through P2P updates, have enhanced trading functionality but have not offset prevailing bearish sentiment in the market. The asset’s 24-hour trading volume remains robust at over 1.48 million USDT on Binance Spot, with market participants responding to both bullish and bearish signals amid fluctuating support and resistance levels.