$STEEM
/USDT Technical Analysis
Current Price: $0.2809 (+10.24%)
STEEM is showing strong momentum with a sharp price surge, making it a focus for traders. Here’s a breakdown with potential targets:
Key Levels to Watch:
1️⃣ Target 1: $0.2900
STEEM’s immediate resistance lies here. A breakout could signal a continued bullish trend. Traders might look for confirmation above this level.
2️⃣ Target 2: $0.3030
If momentum holds, this is the next critical resistance. Achieving this would reflect significant market interest and potential FOMO-driven buying.
3️⃣ Target 3: $0.3200
This long-term target aligns with STEEM’s historical resistance zone. Breaking this level could indicate a sustained rally.
Support Zones:
$0.2780: Short-term support.
$0.2440: Strong base for correction pullbacks.
Trading Tip: Monitor the 24h trading volume of 112.70M STEEM. Increased activity could validate bullish sentiment, while a drop may indicate consolidation.
Stay cautious and plan your trades wisely! 🎯