$STEEM delivered an explosive breakout from the 0.051 base, rallying sharply to 0.06450 before facing profit booking pressure.
Market insight shows a volatility expansion phase, with volume spike confirming aggressive buyer participation.
The pullback toward 0.059–0.060 appears corrective rather than structural breakdown, as price still holds above prior consolidation.
If 0.0562 support remains intact, bulls maintain short-term control.
Trade plan: watch for stabilization near 0.058–0.059 for potential continuation entries, with risk below 0.0558.
TG1: 0.0622
TG2: 0.0645
TG3: 0.0680
A decisive reclaim of 0.062 zone could reopen momentum for another impulsive leg higher.