$STEEM Long Liquidation: $4.2592K at $0.25331

A sharp downturn in $STEEM's price triggered $4.2592K in long liquidations, driving it to $0.25331. This movement highlights increased selling pressure, shaking bullish traders who were betting on further upside. The next critical support lies around $0.240, while resistance may form near $0.265. Traders should monitor volume trends closely; a lack of recovery could invite more bearish momentum, while a bounce might indicate a reversal opportunity. Risk management is key in this volatile zone.

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