$STEEM /USDT SHORT TRADE SETUP BEARISH TREND IN MOTION 💯
Current Price: 0.1392
Timeframe: 1-Hour Chart
Market Structure: STEEM is facing consistent selling pressure after failing to hold above 0.1405 resistance. Price action is trending downward with lower highs and lower lows, signaling potential for further decline if 0.1370 support breaks.
ENTRY LEVEL:
Short between 0.1390 – 0.1395 after confirmation of rejection from resistance.
STOP LOSS:
Above 0.1410 to limit risk.
TARGET POINTS:
• TP1: 0.1372
• TP2: 0.1340
• TP3: 0.1290
TRADE ANALYSIS:
With sellers maintaining control and momentum indicators leaning bearish, STEEM could see accelerated downside if current support levels fail. Watch volume closely for confirmation before entry.