$STEEM
๐ STEEM/USDT Technical Analysis: A Bullish Break on the Horizon?
Steem (STEEM) is currently trading at $0.2516, delivering an impressive 28.13% surge over the past 24 hours. With such strong momentum, traders are closely watching key levels to plan their next moves.
Key Levels to Watch
๐ Support:
$0.1900: A solid foundation where buyers previously stepped in, making it a critical safety zone.
๐ Resistance:
$0.2780: The intraday high, and a breakout above this could ignite a fresh bullish rally.
Entry Strategy
๐ Conservative Traders: Wait for a confirmed breakout above $0.2780 to ride the uptrend with confidence. Target higher levels with a stop-loss just below the breakout zone.
๐ Aggressive Traders: Consider entering near $0.1900 on pullbacks, capitalizing on dips while using a tight stop-loss to protect against unexpected downside moves.
With the RSI balanced in the neutral zone and the MACD hinting at caution, this setup offers opportunities for both short-term plays and potential breakouts. Will STEEMโs upward momentum continue? The stage is set for exciting moves โ stay ready! ๐
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