🚨 $STEEM Long Liquidation Alert! 🚨
💥 $5.51K in long positions were liquidated at $0.2829!
This sudden liquidation has shaken up the market, but it also creates potential for major opportunities. Will $STEEM bounce back, or are we about to see more turbulence ahead?
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What’s Next for $STEEM?
After such a liquidation:
1️⃣ Bounce or Reversal: If buying pressure picks up, we could see a sharp recovery.
2️⃣ Further Downside: If selling continues, STEEM could retest lower levels before stabilizing.
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Key Levels to Watch
Buy Zone: $0.2700 - $0.2800
(Wait for confirmation of support before entering.)
Target Levels:
🎯 Target 1: $0.3200
🎯 Target 2: $0.3500
Stop Loss: Place it below $0.2600 to protect your position.
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Trading Strategy for $STEEM
1️⃣ Watch the Price Action: Look for clear signs of support in the buy zone before jumping in.
2️⃣ Manage Risk: Always use a stop loss to limit potential losses, especially in volatile markets.
3️⃣ Trend Confirmation: If $STEEM breaks $0.3200 with strong volume, it could signal a stronger upward move.
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🔥 The market is shaking things up—don’t let the liquidations fool you. Trade smart, use your plan, and stay ahead of the game!
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