$STEEM

🚀 STEEM/USDT Technical Analysis: A Bullish Break on the Horizon?

Steem (STEEM) is currently trading at $0.2516, delivering an impressive 28.13% surge over the past 24 hours. With such strong momentum, traders are closely watching key levels to plan their next moves.

Key Levels to Watch

🔑 Support:

$0.1900: A solid foundation where buyers previously stepped in, making it a critical safety zone.

🔑 Resistance:

$0.2780: The intraday high, and a breakout above this could ignite a fresh bullish rally.

Entry Strategy

📈 Conservative Traders: Wait for a confirmed breakout above $0.2780 to ride the uptrend with confidence. Target higher levels with a stop-loss just below the breakout zone.

📉 Aggressive Traders: Consider entering near $0.1900 on pullbacks, capitalizing on dips while using a tight stop-loss to protect against unexpected downside moves.

With the RSI balanced in the neutral zone and the MACD hinting at caution, this setup offers opportunities for both short-term plays and potential breakouts. Will STEEM’s upward momentum continue? The stage is set for exciting moves – stay ready! 🌟

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