$STEEM Market Volatility Alert! 🔥🚨
A major $5.3527K long liquidation just took place at $0.29183! The bulls have taken a hit, but could the bears be losing control? Here’s what to expect next for $STEEM :
Buy Zone
For those looking to buy the dip, keep an eye on the $0.285 - $0.290 range. This support zone could be where buyers start to step in and defend the price.
Target Levels
Short-Term Target: $0.300
Mid-Term Target: $0.320
Moonshot Target: $0.350
These targets are based on key resistance levels, and breaking through them could trigger a solid rally.
Stop Loss
Place your stop loss at $0.280 to minimize risk. A drop below this level could signal further bearish pressure.
Market Sentiment
The liquidation shows that leveraged longs are getting squeezed, but if $0.290 holds, a bounce to $0.300 or higher could be in the cards. If the price drops below $0.280, however, we may see more downside action.
Be cautious, trade wisely, and don’t chase the market. Always protect your capital—stay safe out there! 🚀
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