$STEEM has staged a sudden breakout from consolidation, showing strong bullish impulse after holding key support around $0.058–$0.065. Price reclaimed control decisively, forming higher lows and establishing a constructive bullish structure. The breakout reflects aggressive buyer participation and absorption of prior selling pressure.
Immediate resistance sits at $0.070. A clean push and hold above this level confirms continuation and opens the path toward overhead liquidity near $0.085, $0.105, and $0.135. Pullbacks have remained shallow, indicating that buyers are defending key support levels effectively. The structure favors measured upside, with risk clearly defined below $0.052.
Momentum is supportive, with accelerating upward moves following the breakout. Liquidity remains stacked at the targets, and the market is likely to seek these zones while maintaining the bullish trend. As long as $STEEM holds above $0.065, the probability of continuation toward higher resistance remains high.
EP: $0.058 – $0.065
TP1: $0.085
TP2: $0.105
TP3: $0.135
SL: $0.052
Trend strength is solid, showing higher lows and a confirmed breakout from prior consolidation.
Momentum is constructive, with measured but accelerating buying pressure.
Holding above support enhances the probability of continuation toward overhead liquidity at $0.085, $0.105, and $0.135.
Risk is defined below $0.052. While structure holds, bullish continuation remains the higher probability scenario.
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