$STEEM /USDT – Consolidation After Spike
$STEEM/USDT is trading at $0.2906, up 6.21% in the last 24 hours. The token experienced a significant spike earlier but is now consolidating, offering potential for another move.
Trade Plan:
• Entry: Around $0.2900–$0.2950 for an expected rebound.
• Targets:
• Target 1: $0.3100
• Target 2: $0.3300
• Target 3: $0.3500
• Stop Loss: $0.2750 to manage risk.
Why $STEEM/USDT?
• Strong performance with 50.80% gains over 7 days indicates bullish sentiment.
• Consolidation near support levels suggests accumulation before a potential breakout.
• High trading volume provides liquidity for active trades.
Keep an eye on $0.3000 for confirmation of bullish momentum. Execute trades with proper risk management strategies.