Cheems Token (CHEEMS) is currently trading at $0.00000126, reflecting a 2.54% decline over the past 24 hours. The price has fluctuated between a high of $0.00000132 and a low of $0.00000122, indicating a daily trading range of $0.00000010, which showcases a relatively stable price environment.

The trading volume for CHEEMS is 2,419,149, with a volume-to-market cap ratio of 0.94%, suggesting moderate liquidity in the market. Short-term moving averages show mixed signals, with the 8 SMA at $0.00000126 indicating a slight downtrend, while the 13 and 21 SMAs exhibit positive trends of 0.79% and 0.54%, respectively, indicating potential support levels around $0.00000125.

The 1-hour RSI is currently at 54, suggesting a neutral position that does not indicate overbought or oversold conditions, while the 7-day RSI is at 49, reinforcing this neutral stance. In the past week, CHEEMS has seen a price increase of approximately 3.15%, indicating some bullish sentiment, but the 30-day price change of -0.98% suggests potential headwinds.

The token's all-time high stands at $0.00000216, achieved on March 25, 2025, which provides a significant upside potential from the current price level. However, recent performance metrics, including a modest recovery in the 14-day price change of 12.35%, indicate that CHEEMS has not fully regained momentum.

Given the current technical indicators and market sentiment, the outlook for Cheems Token appears cautiously optimistic. The support levels around the 13 and 21 SMAs provide a buffer against further downside, while the recent upward trends and neutral RSI readings suggest potential for short-term gains.

In conclusion, I recommend a Hold rating for Cheems Token (CHEEMS) at this time. The combination of mixed short-term moving averages and a neutral RSI indicates that while there are opportunities for gains, the current price action does not warrant aggressive buying.