$STEEM has shown a 2.271% price increase in the last 24 hours, testing the upper Bollinger Band at 0.1360.
With resistance at 0.1356 and support at 0.1323, a breakout above the upper band could signal trend continuation.
Currently, volatility appears to be contracting, suggesting a potential breakout or reversal soon.
Consider placing a stop-loss slightly below 0.1323 to manage risk.
Traders might opt to wait for confirmation of a breakout before entering new positions or set alerts in the range of 0.1356.