🚨 Big $STEEM Short Liquidation Alert! 🚨

A massive $5.0281K short liquidation just occurred at $0.24396—the market is heating up! What’s next for $STEEM? Let’s break it down!

💥 Buy Zone:

Ideal entry zone is $0.230 - $0.240. If $STEEM dips into this range, it could offer a great opportunity to buy before a potential bounce.

🎯 Target Price:

First target: $0.270

If the uptrend continues: $0.300

Watch for resistance at these levels—if broken, $STEEM could continue rising.

⛔ Stop Loss:

Set your stop loss at $0.220 to protect yourself from further drops if the price reverses.

📉 What Does This Liquidation Mean?

The short liquidation at $0.24396 shows that traders betting against are being squeezed out, which could spark a move upward. If the price holds above $0.230, it could lead to a recovery toward higher levels.

🔍 Key Insight:

If STEEM holds above the buy zone, expect a possible rise toward $0.270 or even $0.300. If the price falls below $0.220, further declines could follow.

💡 Strategy:

Enter the buy zone cautiously, with a tight stop loss. If the price rises, look to take profits at $0.270 and $0.300.

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