🚀 $STEEM

/USDT Technical Analysis 🚀

STEEM/USDT has been showing some volatility in the past 24 hours. Let's break down the key levels to watch as we move forward:

Current Price: 0.2958 USDT

24h High: 0.3437 USDT

24h Low: 0.2898 USDT

Key Support & Resistance Levels:

1. Support Level 1: 0.2900 USDT

A strong support level has formed near the 0.2900 mark, with a recent price bounce off this level. Traders will be watching this as a key entry point if the price dips further.

2. Resistance Level 1: 0.3000 USDT

The 0.3000 level has acted as an initial resistance. A break above this price point could signal a bullish momentum, paving the way for the next target.

3. Target Resistance: 0.3437 USDT (Previous 24h High)

The highest point in the last 24 hours is 0.3437. If STEEM can sustain momentum above the 0.3000 resistance, this level could be the next target for bullish traders.

Looking Ahead:

Bearish Scenario: If the price falls below 0.2900, we may see further downside towards the 0.2800 region.

Bullish Scenario: A sustained push above 0.3000 could lead to further gains, targeting 0.3437 as the next resistance.

📊 Keep an eye on these key levels and stay tuned for more updates as market conditions evolve!

This should capture the technical outlook for STEEM/USDT while engaging Binance followers with clear target prices. Let me know if you'd like any adjustments!