#SaylorBTCPurchase
---$STEEM
STEEM/USDT SHORT TRADE UPDATE
A short signal was shared earlier for STEEM/USDT based on technical analysis, identifying a potential breakdown from a rising wedge pattern on the 15-minute chart.
Trade Setup Details:
Signal Type: SHORT
Entry Price: $0.1668
Leverage: 10x–20x
Stop Loss: $0.1707
Targets:
1. $0.1633
2. $0.1598
3. $0.1584
4. Extended Target Achieved
Analysis Summary:
After entering around $0.1668, the price followed the expected pattern, breaking downward from the wedge formation. The movement was precise and efficient, hitting all the predefined targets in sequence. The short trade reached even beyond the final target zone, confirming the strength of the setup.
Throughout the move, risk was carefully managed with a stop loss positioned at $0.1707, keeping the downside controlled.
Outcome:
Target 1 ($0.1633) was reached smoothly.
Target 2 ($0.1598) achieved without any major retracement.
Target 3 ($0.1584) also completed successfully.
Extended downside continuation followed, delivering additional gains.
The trade execution reflected clean technical behavior, following the planned structure closely without triggering the stop loss. This result highlights the effectiveness of maintaining strict discipline on entries, exits, and risk management strategies.
Conclusion:
All targets for the STEEM/USDT short trade have been fully achieved as forecasted. The setup played out exactly as analyzed, demonstrating the importance of technical patterns, careful planning, and strict adherence to risk controls.
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