STEEM has surged to $0.3005, showing an impressive 22.68% increase in just one hour! After consolidating near $0.2358, the price has witnessed a massive breakout, testing a 24-hour high of $0.2942.
Key Levels to Watch:
Resistance: $0.2961 – Breaking above this could spark further bullish momentum.
Support: $0.2750 – Holding this level is crucial to maintain upward pressure.
Trade Setup:
Entry Point: Around $0.2990
Targets:
1. $0.3150
2. $0.3250
Risk Management:
Stop-loss: $0.2750 – Below this level could signal a retracement.
Market Insight:
With strong volume and momentum building, a breakout above $0.2961 could lead STEEM toward new highs. However, failure to maintain support might indicate profit-taking, leading to a pullback.
#STEEMUSDT #CryptoTrading #Write2Earn!
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