✨✨👉High trading volume in 📊🗣️ STEEM And USDT reflect active market participation
STEEM/USDT
Key Data:
1. Price:
Current: $0.2912 (+37.16%)
24h High: $0.2960
24h Low: $0.2121
2. Trading Volume:
STEEM: 197.23M
USDT: 53.15M
3. Moving Averages (MA):
MA(7): 0.2804
MA(25): 0.2682
MA(99): 0.2288
4. MACD (Moving Average Convergence Divergence):
Likely indicating bullish momentum given the price increase.
Observations:👇👇🚀
Significant Price Jump: The +37.16% increase suggests a strong upward movement in the past 24 hours.
Technical Analysis: The price crossing above the short-term moving averages (MA) could indicate continued bullish sentiment.
Suggested Actions:👇👇👇
If already holding STEEM, consider setting stop-losses to secure gains.
If planning to enter, be cautious about potential pullbacks given the sharp rise.
Monitor further indicators like RSI and depth data for a clearer picture of market sentiment.