$STEEM /USDT BEARISH OUTLOOK 📉
Key Levels:
Current Price: $0.2661
Resistance Levels: $0.2820, $0.2900
Support Levels: $0.2638, $0.2457
Trade Setup:
Short Entry:
Entry Point: $0.2661
Take Profit (TP):
- TP1: $0.2638
- TP2: $0.2457
Stop Loss (SL): $0.2820
Risk Management:
Risk/Reward Ratio: 1:2
Position Size: 1-2% of total portfolio
Summary:
We are looking for a short trade on $STEEM/USDT due to the bearish trend indicated by the recent price action. The price has broken below key support levels and is showing downward momentum. The setup aims to capitalize on this bearish movement with well-defined targets and a tight stop loss to manage risk effectively. 📉💸
Happy Trading! 📉💸
Hope this helps! If you need any adjustments or have more requests, feel free to ask 😊