$STEEM

Long Liquidation Alert: $3.331K at $0.26706

A heavy blow has landed for STEEM bulls, with $3.331K worth of long positions liquidated at $0.26706. The bears have seized control, putting pressure on key support levels. The market is now at a critical turning point.

1️⃣ Bearish Scenario: If STEEM fails to hold above $0.265, further downside could see the price testing $0.255 or even $0.24 in an extended sell-off.

2️⃣ Bullish Recovery: Should buyers defend this level and push the price back above $0.27, a rebound toward $0.28 or $0.30 could be in play.

Momentum remains fragile, with volatility likely to persist. Traders should prepare for sharp moves in either direction.

Risk management is crucial—adjust your strategies to navigate this uncertain terrain. STEEM’s next move could define its short-term outlook, so stay focused!

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