$STEEM
/USDT Bull Run Outlook Ready For gain More 💯 💯 💥
Market Insight:
$STEEM has seen a strong 11.54% increase in the past 24 hours, with a high of 0.3083 and a low of 0.2360. Volume has been robust, with 99.75M STEEM and 27.00M USDT traded, indicating significant market interest. This bullish move suggests further potential, but we might see some retracement before the next upward push.
Entry Point:
🔹 0.2950 - 0.2980 USDT
Look to enter on a small dip near 0.2950, as the price pulls back from the daily high, providing a potential buying opportunity before the next leg up.
Targets:
🎯 Target 1: 0.3050 - 0.3100 USDT
First target is near the 24h high of 0.3083. Look for price to test this resistance level.
🎯 Target 2: 0.3200 - 0.3250 USDT
If momentum continues, aim for a move toward the next key resistance levels.
Exit Plan:
🚪 Exit 1: 0.3050 - 0.3100 USDT
Consider taking partial profits as price approaches the daily high.
🚪 Exit 2: 0.3200 - 0.3250 USDT
Trail your stop-loss and exit fully if the price continues higher towards the next resistance zone.
Stop-Loss:
⚠️ 0.2850 - 0.2900 USDT
Place a stop below 0.2900 to protect against downside risk if the price breaks below the recent support.
📊 Risk/Reward:
Target a 2:1 ratio to ensure that your potential reward justifies the risk.
Monitor price action around key support and resistance levels! 🚀📈
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