The chart for $1000CHEEMS /USDT (perpetual) shows a classic downtrend, but signs of exhaustion are emerging right now! 🚀

Last price: 0.00000496

24h High: 0.000005383 | 24h Low: 0.000004829

Down ~7-8% in the last day after a sharp drop from highs near 0.000011199.

Key indicators screaming opportunity:

Bollinger Bands tightening after expansion → volatility squeeze incoming, often precedes big moves.

Price hugging the lower band and testing support around 0.000004760–0.000004829.

RSI(14) at ~29 (oversold territory), RSI(6) even lower at ~22 → strong bounce potential.

Stochastic oscillator showing oversold levels with K/D lines ready to cross upward.

This meme-powered gem (inspired by the legendary Cheems vibes) looks primed for a reversal! Bears are losing steam after heavy selling, and volume supports a potential relief rally.

TRADE IDEA – LONG SETUP 🔥

Entry: Now around 0.00000496 or on confirmation above 0.00000500

Take Profit: 0.00000650 (first target, ~31% upside) → extend to 0.00000750+ if momentum kicks in

Stop Loss: 0.00000460 (below recent low/support, risk ~7%)

High risk, high reward meme play – perfect for quick scalps or swings in this volatile market!

Trade $1000CHEEMS /USDT Now! Don't miss the bounce – Buy & Hold or Long the dip! Follow & turn 🔔 on for more hot calls! ✅💥

#1000CHEEMS #CHEEMS #MemeCoin #Binance #CryptoTrading #Altcoin #Memes #BullRun #TradingSignals #Crypto