Cheems (cheems.pet) continues to turn heads in the meme coin market, showing impressive strength

Despite recent sell-offs across the market, Cheems is up 9% over the past 24 hours and 11% over the past week.

Meme coin Cheems (CHEEMS.PET) continues to turn heads in the crypto market with impressive strength, even as the broader crypto space shows volatility and uncertainty.

As seen on the chart, Cheems has maintained solid footing, with its market cap currently hovering around $300 million. The asset reached an all-time high of approximately $398 million on March 25, showcasing significant potential for recovery.

Many meme coins tend to crumble under pressure, but CHEEMS has managed to hold value, hinting at potential for another leg up.

Cheems Price Prediction

Despite recent sell-offs across the market, Cheems is up 9% over the past 24 hours and 11% over the past week. More impressively, it’s still up 76% over the past month.

This kind of performance during uncertain market conditions suggests that bullish momentum is building behind the scenes.

On the 4-hour chart, Cheems shows a compelling structure. After reaching its all-time high in late March, the price entered a period of consolidation along a well-defined trendline.

Multiple touches on both support and resistance zones have reinforced the setup, creating a reliable trading range.

Currently, CHEEMS is testing the daily Volume Weighted Average True Range (VWATR) band, which has served as strong support in recent weeks.

If this level holds, the asset could see another move to the upside, with technical projections aiming for a 47% increase — targeting a price zone near $0.0000024284.

However, a break below the VWATR band and the supporting trendline could trigger a deeper correction. The next support sits near the 4-hour VWATR band, with a potential 12% move to the downside.

Traders can capitalize on either direction, especially with shorting available on platforms like MEXC.

Zooming out, the chart paints a bullish story. CHEEMS has consistently reached new highs, followed by consolidation and further climbs. It looks ready to repeat that pattern once more.

Despite its meme coin status, Cheems has carved out real momentum and relevance in the market.

The project backs this growth with a solid foundation. The Cheems team has secured partnerships with several centralized exchanges, rolled out features through Cheems Labs, and expanded into NFTs.

This blend of meme culture and utility has helped it gain traction, with active development continuing to drive attention.