STEEM ($STEEM /USDT): Bold Moves and Big Profits Ahead! 💯

$STEEM has made an impressive surge, currently sitting at $0.3005, reflecting a 23.68% gain in just one hour! Following a period of consolidation around $0.2358, the price experienced a powerful breakout and reached a 24-hour high of $0.2942. This exciting price movement signals potential for even more upward momentum.

Key Levels to Monitor:

Resistance: $0.2961 – A breakout above this level could ignite a continued bullish rally.

Support: $0.2750 – This level is essential to maintaining the upward pressure; a dip below could signal a retracement.

Suggested Trade Setup:

Entry: Look to enter around $0.2990.

Targets:

1. $0.3150

2. $0.3250

Risk Management:

Stop-loss: Place it at $0.2750 to protect against a potential pullback.

Market Outlook:

With increasing volume and momentum, $STEEM is on track for a potential breakout above $0.2961, which could push the price to fresh highs. However, if the support fails to hold, profit-taking could trigger a slight retracement. Stay vigilant and adjust accordingly.

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