$STEEM /USDT Trading Signal - Testing Key Levels!
Current Price: $0.2870
24H Range: $0.2764 - $0.3147
Analysis:
STEEM showed a strong spike to $0.3147 but is now consolidating near EMA levels:
EMA(7): $0.2884
EMA(25): $0.2893
EMA(99): $0.2870
This indicates a balance between buyers and sellers around the EMA(99).
Potential Setup:
Entry Zone: $0.2840 - $0.2870
Targets:
Target 1: $0.3000
Target 2: $0.3140
Stop Loss: $0.2750
Observation:
A decisive break above $0.2900 could push STEEM towards $0.3140 again. The recent retracement provides an opportunity to re-enter near support levels.
Actionable Advice:
Consider entering within the recommended range. Monitor volume for confirmation.
Secure partial profits at the first target and tighten the stop-loss accordingly.
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