$STEEM short liquidation: $6.7521K at $0.20986
A major market shift led to the liquidation of a $6.7521K short position on $STEEM at $0.20986.
Entry Point:
The short was initiated at $0.20986, anticipating a downward correction after $S$STEEM countered a resistance zone and signs of bearish momentum.
Target:
The target was set at $0.20000, based on technical indicators and market analysis pointing to a potential price decline.
Stop Loss:
A stop loss was placed at $0.21500 to limit any potential losses in case STEEM broke above resistance and reversed the trend.
The STEEM market remains volatile, so ensure continuous monitoring and adjust your strategy as the price action unfolds.