$1000CHEEMS — Clean rebound as bulls reclaim momentum
Price is trading around 0.001322, showing a solid +9.08% gain
Intraday High: 0.001334
Intraday Low: 0.001188
$1000CHEEMS bounced strongly from the 0.00120 zone after a period of slow drift downward. Once demand kicked in, a sharp green candle took price straight toward the day’s high. Volume increased on the breakout, signaling fresh buying interest and a shift back into upward momentum.
Key Levels
Support: 0.001295 then 0.001244
Resistance: 0.001334 and 0.001346
Trend on the 1H is turning bullish again after reclaiming key short-term levels. Buyers need to hold above 0.001295 to maintain this shift in momentum.
Trade Idea
If price holds above 0.001295, bulls may target 0.001334 → 0.001346 for continuation
If price fails 0.001295, expect a retrace toward 0.001244 where the next reaction zone sits
Main point:
$1000CHEEMS just printed a strong bullish recovery candle, hinting at renewed upside interest.
