$STEEM
/USDT Technical Analysis and Trade Signal💯🔥
Current Price: $0.2886
24h Change: +32.51%
Technical Overview:
Trend: Bullish (Strong upward movement seen over 24 hours)
Resistance Levels:
1. $0.2960 (Strong resistance from recent high)
2. $0.3100 (Potential breakout if momentum continues)
3. $0.3200 (Psychological resistance, key target)
Support Levels:
$0.2120 (Recent low, solid support)
$0.2400 (Secondary support)
Momentum Indicators:
RSI: Around 70 (Approaching overbought territory but still bullish)
MACD: Positive crossover, suggesting strong bullish momentum
Trade Signal (Momentum):
Entry: Buy around $0.2880–$0.2900 (current level looks stable)
Target 1 (Short-Term): $0.2960 (Test of resistance, potential profit-taking point)
Target 2 (Mid-Term): $0.3100 (Strong upward movement could reach this level)
Target 3 (Long-Term): $0.3200 (Final resistance zone)
Trade Momentum:
The market shows strong bullish momentum, and with the RSI near