Technical Analysis: $STEEM

/USDT – Key Price Targets 🎯

STEEM/USDT has been showing strong movement in the past 24 hours, with a notable 9.89% increase. Let's break down the key levels to watch for in the coming hours:

1. Support Level: $0.2360

A crucial support level where we’ve seen price consolidation. If the market retraces here, a potential bounce back could be expected, making this a key level for buyers to enter.

2. Resistance Level: $0.3083

The 24-hour high acts as a solid resistance zone. If price breaks above this level, it could lead to further bullish momentum, potentially targeting the next level higher.

3. Target Level: $0.3400

If the bullish momentum continues, we might see STEEM targeting the $0.3400 mark, a significant psychological resistance that could pave the way for a breakout above.

Current Price: $0.2699 (+9.89%)

STEEM is currently on a bullish trajectory, and traders should keep a close eye on these levels for potential entries and exits.

Stay tuned for updates as STEEM/USDT progresses. 📈💹