$STEEM
/USDT Technical Analysis and Trade Signal🔥👍🚀💯
Current Price: $0.2771
Trend: Bullish (up +33.03% in the last 24 hours)
Key Support and Resistance Levels:
Support Level: $0.2635
Resistance Level: $0.2874
Key Level for Bullish Continuation: $0.2912
Trade Momentum:
Momentum: Positive, showing strong upward movement with increased trading volume.
RSI (Relative Strength Index): Indicates an overbought condition, suggesting a potential consolidation or pullback soon.
Trade Signal:
Entry Signal: Buy around $0.2771 with confirmation at $0.2874.
Targets (🎯):
🎯 Target 1: $0.2912 (next resistance)
🎯 Target 2: $0.2950 (extended resistance area)
🎯 Target 3: $0.3000 (psychological resistance)
Risk Management:
Stop Loss: Below $0.2635 to protect against downside risk.
Trade Momentum: Bulls are currently in control, but consider tightening stops if the price approaches $0.2912 to avoid a reversal.
Trade with caution considering potential overbought conditions!
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