Steem has rebounded from its Fibonacci 0.618 retracement zone, indicating the potential for a bullish reversal. If the price holds above the current levels, it could target $0.420 (Fibonacci 0.236), followed by $0.500 for a larger breakout.
Entry Zone: Buy near $0.2187 during pullbacks.
Stop Loss: Below $0.1499 to manage risk.
Take Profit: Gradually at $0.382, $0.420, and $0.500.
Disclaimer:
The information provided here is intended for informational and educational purposes only. It does not constitute financial or investment advice. Always perform your own research before making any investment or trading decisions.