📈$STEEM STEEM/USDT: +28.06% Surge – Bullish Momentum in Play!

STEEM/USDT is on a strong rally, trading at $0.2661, with an impressive +28.06% gain over the last 24 hours. Here’s an analysis of what’s driving the move and potential opportunities ahead:

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🔥 Key Metrics

💰 Current Price: $0.2661

🔝 24h High: $0.2796 – Key resistance level tested during the surge.

🔻 24h Low: $0.2060 – The foundation for the current uptrend.

📊 24h Volume:

84.90M STEEM traded

$20.85M USDT in liquidity

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📊 Technical Analysis

🔄 Trend: Bullish momentum continues as STEEM breaks out of consolidation.

📍 Support Levels:

$0.2550 – Immediate support for potential pullbacks.

📍 Resistance Levels:

$0.2800–$0.2850 – Breaking above this zone could fuel further gains.

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💡 Trading Insights

1️⃣ Short-Term Strategy:

Consider buying dips near $0.255–$0.260 to ride the bullish momentum.

Target $0.280–$0.285 for short-term gains.

2️⃣ Risk Management:

Set stop-loss orders below $0.250 to manage downside risks.

3️⃣ Long-Term Outlook:

Sustained volume and breakout momentum suggest STEEM could aim for $0.300+ in a continued rally.

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💬 Will STEEM maintain its bullish trend or face a pullback? Share your thoughts below!

#STEEM #CryptoTrading #Binance #MarketUpdate #BullishMomentum