$STEEM
/USDT Technical Analysis & Trade Signal
Trend: Bullish Momentum (up +22.66% in 24h)
Current Price: $0.2463
Key Indicators:
RSI: Overbought zone (>70), indicating strong upward momentum but a possible correction ahead.
MACD: Positive crossover, signaling continued bullish potential.
Volume: High trading volume supports the upward trend.
Trade Signal: Buy on Dip/Breakout
Enter near $0.2342 for safer dip buys.
Consider breakout confirmation above $0.2548 for momentum trades.
🎯 Targets:
1. Target 1: $0.2580
2. Target 2: $0.2700
3. Target 3: $0.2900
Stop Loss: $0.2100
Momentum: Strong bullish momentum supported by high volume and breakout potential. Ensure tight risk management due to potential price volatility.
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