$1000CHEEMS – STRONG RECOVERY WITH CONTINUATION SETUP
#CHEEMS is showing a steady recovery after a pullback, with higher lows forming and price retesting resistance levels with renewed strength.
TRADE SETUP – LONG IDEA
Entry Zone: $0.0004550 – $0.0004650
Stop Loss: $0.0004380
Take Profit 1: $0.0004800
Take Profit 2: $0.0005050
Take Profit 3: $0.0005400
MARKET STRUCTURE
Price is holding structure after rejection and pushing back toward previous highs, indicating buyers are gradually regaining control.
KEY INSIGHT
A clean break above $0.0004700 could trigger continuation momentum, especially if higher lows keep forming during the retest phase.
OUTLOOK
As long as support holds, bullish continuation remains valid with potential for further upside expansion toward higher resistance levels.