$STEEM – Momentum Building 📈
$STEEM has gained over 21% in the last 24 hours after bouncing strongly from the 0.0510 support zone.
Price is now forming higher highs and maintaining bullish structure, indicating sustained buying pressure and potential continuation toward the next resistance levels.
Trade Setup:
• Entry: 0.0635 – 0.0640
• TP1: 0.0655
• TP2: 0.0680
• TP3: 0.0700
• Stop Loss: 0.0610
Market Outlook:
The short-term trend remains bullish as long as price holds above the broader support at 0.0510. Immediate resistance levels are positioned at 0.0655, 0.0680, and 0.0700. A clean break and hold above 0.0700 could open the door for stronger upside momentum.
Volume activity supports the move, suggesting continued accumulation. Maintain disciplined risk management and adjust positions accordingly as targets are approached.
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