Bull Run Confirmed: $STEEM /USDT Price Action!🔥💯
STEEM/USDT has shown a strong bullish breakout, surging nearly 30% today and confirming an upward trend. With increasing volume and momentum, the price is currently consolidating near $0.2504 after hitting a recent high.
Entry, Target & Stop-Loss Levels:
• Entry Zone: $0.2480–$0.2520
• Immediate Targets:
• Target 1: $0.2750
• Target 2: $0.3000
• Stop Loss: $0.2350 (below support level to mitigate risk)
Analysis:
The breakout from the previous resistance at $0.2200 signals the beginning of a bull trend. Short-term corrections may occur, providing re-entry opportunities. Long-term investors may hold for extended gains, while intraday traders should secure profits at key resistance zones.
Advice:
• Partial profit-taking at $0.2750 is recommended.
• Trail your stop-loss to lock in gains if the price moves beyond $0.2750.
• Watch for market-wide sentiment as it could amplify the momentum.
Stay vigilant for volatility, and use proper risk management while trading this move.
