$1000CHEEMS /USDT – Long Signal
Current Price: 0.000543 USDT
Market Type: Meme Coin (high volatility)
Entry Zone:
Optimal Buy: 0.000540 – 0.000545 USDT
(Near current support; allows low-risk entry)
Stop Loss:
0.000510 USDT
(Below recent swing low; protects against a sharp drop)
Targets:
Target 1: 0.000573 USDT – near 24h high, first resistance.
Target 2: 0.000600 USDT – psychological round number, strong short-term resistance.
Target 3: 0.000620 USDT – extended move if momentum continues.
Key Levels to Watch:
Support: 0.000520 USDT – previous swing low, strong buying zone.
Resistance: 0.000573 – 0.000600 USDT – multiple short-term barriers.
Psychological Level: 0.000600 USDT – round number, often triggers profit-taking.
Risk/Reward:
Stop loss distance: ~0.000033 (6% risk)
Target 1 reward: ~0.000030 (~5.5%)
Target 2 reward: ~0.000057 (~10.5%)
Target 3 reward: ~0.000077 (~14%)
💡 Tip: This is a meme coin, so expect higher volatility. Consider scaling out profits gradually and tighten stop loss if price breaks key resistance
