🚀 $STEEM Rallying with Strong Momentum – Big Moves Ahead! 🚀
$STEEM is currently trading at $0.2228, showcasing a robust intraday gain of +14.32%. The hourly chart indicates a strong bullish trend with a sharp breakout and a slight consolidation, signaling the potential for another leg up.
Key Levels:
Resistance: $0.2300 (Immediate), $0.2500 (Next Target)
Support: $0.2100 (Critical Zone)
Suggested Trade Setup:
Entry Point: $0.2228
Target 1: $0.2300
Target 2: $0.2500
Stop-Loss: $0.2100
Analysis:
STEEM’s breakout from a lower accumulation zone, coupled with increased trading volume, suggests a continuation of the upward trend. A break above the $0.2300 resistance could pave the way for a rally toward $0.2500. The $0.2100 level remains critical for maintaining bullish momentum.
Recommendation: Enter near the current price with the targets mentioned and use the stop-loss to manage risk. Secure partial profits near $0.2300 and let the rest ride for potential gains toward $0.2500. Stay alert to market reactions near key resistance levels.
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