Cheems Token (CHEEMS) is currently trading at $0.00000135, experiencing a slight decline of 0.98% over the last 24 hours. The daily trading range has been tight, with a high of $0.00000136 and a low of $0.00000134, indicating low volatility in this period.

Trading volume stands at approximately 3,012,964, which equates to a volume/market cap ratio of 1.10%. This relatively low volume suggests a lack of significant trading activity, contributing to the price stability observed in the daily range.

The hourly moving averages show a mixed trend, with shorter-term averages (8 and 13 SMA) indicating upward momentum, while longer-term averages (55 and 144 SMA) are showing bearish signals. The 1-hour RSI is at 59, suggesting a neutral to slightly bullish sentiment, while the 7-day RSI at 45 indicates a potential oversold condition, which could trigger a rebound.

Over the past week, CHEEMS has declined by approximately 7.67%, but the 14-day price change shows a modest gain of 6.66%, indicating some recent recovery. The 30-day price change reveals a decline of 4.08%, suggesting longer-term bearish sentiment despite short-term fluctuations.

The all-time high for CHEEMS is $0.00000216, which occurred on March 25, 2025, indicating significant potential upside if the token can regain bullish momentum. Given the current price levels, technical indicators, and recent trading behavior, there is potential for a reversal if buying pressure increases, particularly with the oversold condition on the 7-day RSI.

Considering the overall analysis, the recommendation for Cheems Token (CHEEMS) is to Hold. The mixed signals from moving averages and the current RSI indicate a lack of strong momentum in either direction, suggesting it may be prudent to wait for clearer trends before making further investment decisions.