$STEEM /USDT LONG TRADE SIGNAL – STRONG BOUNCE OFF SUPPORT, BULLISH CONTINUATION IN PLAY
Entry Price: $0.147–$0.149
Target 1: $0.155
Target 2: $0.162
Final Target: $0.170
Stop Loss: $0.141
Why Long?
#STEEM is showing bullish momentum with a +8.86% gain and trading at $0.1487. The price bounced sharply from $0.1327, forming a higher low and reclaiming mid-range support.
The recent high of $0.1585 is the key resistance to break. If bulls manage to push past that level with strong volume, it opens up room for another leg higher toward $0.162+.
The Stochastic RSI is recovering from deep oversold territory (STOCHRSI: 30.15, MASTOCHRSI: 19.65), suggesting that buyers are stepping back in, potentially triggering a new wave of momentum.
Holding above the $0.145 zone keeps the structure intact for continuation. Any breakout on volume above $0.151 confirms the trade.
Trade Management Tip:
If volume confirms above $0.151, consider adding to position. Set alerts around $0.155 and $0.162 for partial profit-taking or trailing stops.