$STEEM – BEARISH BREAKDOWN IN PLAY ⚠️📉

$STEEM ($STEEM) is losing momentum with repeated failures to reclaim higher levels. Price is hovering just above key support, and a breakdown could invite more selling. Bears are currently in control.

🔍 CURRENT PRICE: $0.1272

📊 TREND: Bearish on short to mid timeframes (1H/4H)

📉 KEY LEVELS TO WATCH:

🔼 Resistance Zones:

$0.1300 – Minor resistance

$0.1328 – 24h High / Strong resistance

🔽 Support Zones:

$0.1266 – Immediate support

$0.1220 – Breakdown target

🚨 TRADE SETUP (SHORT ENTRY):

Entry: $0.1270–0.1280 (on retest after breakdown)

Stop Loss (SL): $0.1305

Take Profit (TP):

🎯 TP1: $0.1240

🎯 TP2: $0.1220

Risk/Reward Ratio: ~2.2+

🛡️ RISK MANAGEMENT:

Always risk only 1-2% of your capital. Use hard SL, avoid emotional trading.

💣 STEEM is sinking under pressure – short rallies, don’t chase bottoms!

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