hello friend, I wanted to ask if I should close the operation at 0.35 or hold for a longer time
Bullish Buster
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Bullish
$STEEM
STEEM/USD Market Update: Currently Trading at $0.2958
STEEM (STEEM/USD) is currently priced at $0.2958, offering an intriguing opportunity for those interested in the intersection of blockchain technology and social media. As the native token of the Steemit platform, STEEM powers a decentralized content creation ecosystem, making it a strong contender in the growing space of Web 3.0.
Key Levels to Watch:
Support: $0.2900 – This level has held strong in recent price action, serving as a solid support zone. A price bounce off this level could present an excellent entry opportunity.
Resistance: $0.3100 – The price has faced resistance around this level recently. A break above $0.3100 could pave the way for further bullish momentum, with the next target potentially at $0.3500.
Entry Strategy:
Bullish Setup: A bounce from the support at $0.2900 could present a favorable entry, with the next resistance target at $0.3100. If this level is broken, we could see further upside toward $0.3500.
Stop-Loss: Place a stop-loss just below the $0.2900 support to minimize risk in case the price fails to hold this level and heads lower.
With its unique position in the decentralized content creation ecosystem, STEEM presents an interesting opportunity for traders to capitalize on potential growth. Keep an eye on these key levels to make the most of market movements!
