The breakout above the resistance zone around $0.1240 signals bullish momentum, confirmed by strong candlestick patterns. The next key levels to watch are $0.1280 and beyond. Secure partial profits at each target level and trail your stop loss to maximize gains.
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The STEEM/USDT pair on Binance is making waves, currently trading at $0.2727, up an impressive +23.39% in the past 24 hours. With strong trading volume of 137.57M STEEM, the bulls are clearly dominating the market!
*Key Levels to Watch:* - *Resistance:* $0.2900 – This level has proven tough, with recent attempts to break it being met with selling pressure. - *Support:* $0.2600 - $0.2500 – A reliable base for buyers, offering an excellent dip-buying opportunity.
*Targets 🎯:* 1. *Target 1:* $0.2900 – Immediate resistance. 2. *Target 2:* $0.3000+ – If STEEM breaks and sustains above $0.2900, the next leg up could aim for the $0.3000+ zone, offering lucrative potential for long traders.
*Entry Strategy:* - *For Bulls:* Buy on dips near $0.2600, targeting a breakout above $0.2900. Set a tight stop-loss below $0.2500 to protect your capital. - *For Bears:* Consider short positions only if the price fails to breach $0.2900 and volume shows signs of fading.
Stay sharp and trade smart!
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Here are some cryptocurrencies you should consider holding for long-term investment:
1. *$SOL (SOL):* - Buy Solana worth $1000 and thank me later. 2. *Binance Coin (BNB):* - A solid investment option. 3. *Shiba Inu ($SHIB ):* - Invest $100 to $500 or more. Trust me, you’ll be grateful for this in the future—just wait! 4. *$PENGU :* - A new potential buy until 2025. 5. *Toncoin (TON):* - Make sure it’s in your portfolio.
Whether you agree or disagree, let time be the judge. Take a screenshot—we'll need it in a few years. Good luck!
*Risk Management:* - Use the stop-loss at $0.02330 to limit risks. - Adjust SL to breakeven after reaching TP1. - Secure partial profits at TP1 and let the rest ride to TP2 while monitoring volume and price action. - Stay cautious of reversals near resistance levels!
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*Trading Tips:* - *Bulls:* Buy near $0.3727 or $0.3660. Targets: $0.3950, $0.4200, $0.4500. Stop-loss: $0.3500. - *Bears:* Short on rejection at $0.3950. Targets: $0.3660, $0.3505.
*Targets 🎯:* - *If Resistance Breaks:* $28.00 – This could signal a strong bullish move if $22.00 is breached. - *If Support Breaks:* $15.00 – A potential drop if the $18.00 support is broken.
VANA/USDT is currently testing critical levels. Manage your risks carefully and stay alert for key movements.
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