STEEM/USDT Technical Analysis & Trade Signal
Current Price: $0.2451
Trend: Bullish momentum with a 12.23% increase in the last 24 hours.
Support: $0.2284 (critical support level)
Resistance: $0.2778 (24h high, strong resistance)
Trade Signal:
Buy Signal: Enter around $0.2284 for a potential upward movement.
Sell Signal: Consider selling near the resistance at $0.2778 or upon a break above $0.2650.
Target Levels 🎯:
1. Target 1: $0.2531 (SAR level)
2. Target 2: $0.2650 (near intermediate resistance)
3. Target 3: $0.2778 (24h high resistance)
Trade Momentum:
Bullish Momentum: A break above $0.2531 and $0.2650 could lead to a move toward $0.2778.
Bearish Reversal: If price drops below $0.2284, the trend could shift bearish, targeting $0.2018.
Note: Ensure to monitor volume and use stop-loss strategies for risk management.
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