$STEEM
/USDT Technical Analysis & Trade Signal
Current Price: $0.3086
Momentum: Bullish (up +5.71% in the last 24 hours)
Trend Indicators:
Moving Average (MA): Short-term moving averages show upward momentum.
RSI: Around 65 (approaching overbought, but still room for growth).
MACD: Bullish crossover observed, supporting upward momentum.
Trade Signal:
Trade Type: Buy
Entry Zone: $0.3080 - $0.3100
Stop-Loss: $0.2960 (below recent support)
Target 🎯 Levels:
1. First Target: $0.3200
2. Second Target: $0.3300
3. Third Target: $0.3500
Recommendation: Watch price action near the resistance at $0.3147. Consider trailing your stop-loss once the first target is hit to lock in profits. If volume remains high and broader market conditions are favorable, the third target is achievable.
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