🔻$STEEM STEEM/USDT Slips by 13.91%!

📊 Price Overview:

Current Price: $0.2716

24H High: $0.3426

24H Low: $0.2698

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🔍 Market Insight:

STEEM has seen a sharp decline of nearly 14%, trading just above its 24-hour low. The drop indicates bearish momentum, with low buying activity so far.

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🛠️ Critical Levels:

🔵 Support: $0.2700 – A key level to watch for stabilization.

🔴 Resistance: $0.3000 – Reclaiming this level is crucial for recovery.

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💡 Trading Strategy:

🎯 Entry Zone: $0.2700 - $0.2750 for potential bounce trades.

📈 Targets: $0.3000, $0.3200.

⚠️ Stop Loss: Below $0.2650 for controlled risk.

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🔥 Momentum Insights:

Volume spikes suggest significant sell-offs, but this could also present a rebound opportunity if $0.2700 holds as support.

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