$1000X CHEEMS/USDT Market Update

Price is trading at 0.001050, showing a solid intraday recovery with a +3.04% move. The market bounced strongly from the 0.001039 support zone after a sharp volatility spike, printing a high at 0.001089 before cooling down.

Key Levels

24H High: 0.001208

24H Low: 0.001004

Immediate Support: 0.001039 – 0.001040

Immediate Resistance: 0.001080 – 0.001090

Volume & Momentum

24H Volume (1000CHEEMS): 3.19B

24H Volume (USDT): 3.39M

Order book shows strong buyer dominance with ~69.5% bids vs ~30.5% asks, indicating accumulation pressure near current levels.

Trend Insight

Short-term price action suggests consolidation after a fast spike, with buyers defending the lower range. A clean break above 0.001090 can open room for another upside expansion, while loss of 0.001039 may invite short-term pullback.

Market remains volatile and active, ideal for momentum traders watching breakout confirmation.

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