$1000CHEEMS /USDT BULLISH BREAKOUT PATTERN – LONG ENTRY SETUP FORMING
$1000CHEEMS/USDT is displaying a strong recovery phase, gaining over 6% in the last session as bulls reclaim momentum in the meme token sector. The pair has rebounded sharply from its recent lows near $0.00086, confirming accumulation and a potential breakout toward upper resistance zones. Rising trading volumes further strengthen the bullish outlook.
Technical Analysis:
The structure shows higher lows forming alongside expanding volume, signaling sustained buying interest. A breakout above the $0.00164 resistance could trigger a sharp rally toward key resistance levels.
Long Entry: $0.00140 – $0.00150
Targets (TP): $0.00180 → $0.00208 → $0.00216
Stop-Loss (SL): Below $0.00108
Risk Management:
Risk 2–3% of portfolio per trade. Move stop-loss to breakeven once the first target is achieved and secure partial profits to lock in gains.
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