$1000CHEEMS — Post-Impulse Compression Signaling Bullish Continuation
Long $1000CHEEMS
• Entry: $0.000530 – $0.000550
• Stop Loss: $0.000492
Targets:
• TP1: $0.000580
• TP2: $0.000630
• TP3: $0.000690
$1000CHEEMS delivered a strong expansion from the $0.00048 demand zone to $0.00057, and is now forming a tight compression above $0.00053 support. The pullback is controlled and corrective in nature — not impulsive — which favors continuation rather than reversal.
We’re seeing a clear higher-low structure above the $0.00050 psychological base, confirming that buyers are defending the breakout region. Volatility contraction after an impulse leg often precedes another expansion phase.
Liquidity is building above $0.00058 and $0.00065, making those natural magnet levels if momentum returns.
The bullish thesis remains valid as long as price holds above the $0.000495 invalidation level. A breakdown below that would shift structure and weaken continuation probability.
Holding above the entry zone keeps upside pressure active toward fresh local highs. Watch for volume expansion on breakout for confirmation.
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