đ $STEEM /USDT Technical Analysis â Eyes on the Targets đŻ
Current Price: $0.2450
24h Change: +22.07%
Resistance & Target Levels:
1ïžâŁ Target 1: $0.2700
Significance: This level aligns with a minor resistance. Breaking it may confirm a short-term bullish continuation.
Strategy: A strong breakout above $0.2700 could provide quick gains for scalpers.
2ïžâŁ Target 2: $0.3000
Significance: Psychological resistance and aligns with historical price action.
Strategy: If STEEM sustains above $0.2700, expect momentum to push toward this zone.
3ïžâŁ Target 3: $0.3500
Significance: Major resistance from previous highs; a potential profit-taking level for long-term traders.
Strategy: Breaking $0.3000 could ignite a larger rally, making $0.3500 achievable.
Technical Insights:
Support Levels: $0.2300 and $0.1898. Watch for these levels to hold if thereâs a pullback.
Volume: With a 24h volume of 37.43M STEEM, the surge shows strong interest.
Conclusion: If STEEM maintains its upward momentum, these targets can be reached. However, stay cautious as the market is volatile.
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