The upward momentum has waned, and buyers seem unable to sustain gains after a significant rise. The price has entered an overbought zone, and selling pressure is beginning to surface. Market liquidity feels heavy, with supply pushing against momentum, which often favors a price correction if sellers remain active.
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$CHEEMS appears to be losing momentum, and sellers are starting to strike.
Short $CHEEMS now
Entry: 0.000563 – 0.000565
Stop Loss: 0.000578
First Target: 0.000534
Second Target: 0.000476
The upward momentum has waned, and buyers seem unable to sustain gains after a significant rise. The price has entered an overbought zone, and selling pressure is beginning to surface. Market liquidity feels heavy, with supply pushing against momentum, which often favors a price correction if sellers remain active.
Trade $CHEEMS 👇 here