$STEEM /USDT Technical Analysis: Consolidation After a Steep Decline ... It's Best time to Buy $STEEM and take long positions on it .. Surely will pump here and will hit $0.30 soon..

$STEEM /USDT is currently trading at $0.2479, down by 2.78% in the past 24 hours. The price has seen a significant drop from a high of $0.2604 to a low of $0.2413, reflecting bearish pressure. However, the recent stabilization near the $0.2491 level suggests that STEEM might be finding a temporary support zone.

Key Levels to Watch:

Resistance: $0.2583 – A breakout above this level could signal the start of a recovery.

Support: $0.2413 – Holding above this level is critical to avoid further downside.

Market Outlook:

STEEM's recent price action indicates consolidation after a sharp sell-off, with the potential for a short-term rebound if it can break above resistance. However, failure to hold above $0.2413 may lead to another leg down. Traders should monitor volume and momentum indicators closely for confirmation of the next move.

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