According to my analysis, $1000CHEEMS is showing a bullish recovery after defending the recent demand zone. Price dropped sharply, found strong support, and is now stabilizing with improving momentum.

1000CHEEMS is forming higher lows on the short-term structure, which indicates buyers stepping in after the sell-off. As long as price holds above the 0.00086 – 0.00087 support zone, downside risk remains limited.

The current structure favors recovery and continuation rather than another breakdown.

For spot traders, this is a cautious buy-and-hold structure.

I am bullish on 1000CHEEMS in spot and expecting gradual upside.

Targets:

TP1: 0.00090

TP2: 0.00093

TP3: 0.00098+

1000CHEEMS
1000CHEEMSUSDT
0.0004374
-3.59%