$STEEM /USDT Technical Analysis & Trade Signal
Current Price: $0.3027 (+13.29%)
24H High: $0.3083 | 24H Low: $0.2360
Momentum:
STEEM is showing strong bullish momentum with significant buying pressure, as indicated by a 13.29% increase in price. The breakout above $0.3000 signals potential continuation if sustained volume supports the move.
Key Levels:
Support: $0.2800 (key consolidation zone), $0.2600 (major support level)
Resistance: $0.3080 (24H high), $0.3200 (psychological barrier)
Trade Signal:
Entry Zone: $0.2950 - $0.3050 (on retracement for better risk-reward)
Targets:
šÆ Target 1: $0.3200
šÆ Target 2: $0.3400
šÆ Target 3: $0.3650
Stop Loss: Below $0.2750 (to protect against potential downside)
Momentum: Strong bullish momentum; a close above $0.3080 on higher timeframes (1H/4H) would confirm continuation toward higher targets.
Caution: Monitor Bitcoin and overall market sentiment, as a sudden reversal could impact STEEM's performance. Trade with proper risk management.
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