š„ $1000CHEEMS ā SHORT SETUP ALERT š„
$1000CHEEMS just rejected hard from the local top after a steady upside push. The move up is losing steam and momentum is clearly cooling off near resistance. Sellers are now active at the highs, signaling a short-term pullback from this zone.
Price failed to hold above resistance, and the structure suggests this push was more distribution than continuation. As long as price stays capped here, downside targets remain in play.
š Trade Setup (SHORT)
š“ Entry Zone: 0.001050 ā 0.001065
šÆ Take Profits:
ā¢ TP1: 0.001030
ā¢ TP2: 0.001020
ā¢ TP3: 0.001000
š Stop Loss: 0.001085
1000CHEEMS
0.001032
+1.87%