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Strong bearish pressure confirmed 💯💫$STEEM
STEEM/USDT Technical Strategy 🎯
Current price: 0.2926 dollars
24-hour range: $0.2898 - $0.3615
Trend observation:
STEEM is currently approaching the lower end of its 24-hour range, indicating a potential rebound or further decline.
Trading Scenario:
1. Bearish trend (if it breaks below the support level):
Entry: Sell below $0.2898
Target:
🎯 0.2700 US dollars
🎯 0.2500 USD
Stop Loss: 0.2950 US dollars
2. Range Volatility (Consolidation):
Entry: Buy near $0.2898 and sell near $0.3615.
Target:
🎯 0.3100 USD
🎯 0.3300 US dollars
Stop Loss: $0.2850
3. Bullish Reversal (if it falls below the resistance level):
Entry: Buy above $0.2950
Target:
🎯 0.3200 USD
🎯 0.3500 USD
Stop Loss: 0.2890 USD
Quick Review:
Bearish: Breaking below $0.2898 → Target $0.2700, $0.2500
Neutral: Trade within the range
Bullish: Break above $0.2950 → Target $0.3200, $0.3500
Stay sharp and trade with the trend