$STEEM Surges +62%! Strong Gainer Rally Consolidates — Parabolic SAR Floor Base at $0.0634 Targeting $0.0930 Breakout?
Showcasing massive volatility and buyer demand on Binance, $STEEM (Steem) has posted an impressive +62.82% daily pump, backed by $11.14M USDT (167.51M STEEM) volume! After exploding from its 0.04620 daily low to hit a 24-hour peak high of 0.09300, price action is consolidating healthily around 0.07581.
Trade Bias: Bullish Continuation / Rebound
Entry Zone: 0.07000 – 0.07500 (Accumulate long positions near trailing SAR support floor)
Targets: 0.08500 ➡️ 0.09300 ➡️ 0.10500
Stop Loss: Below 0.06300
Technically, the 15m chart displays a healthy momentum structure. Parabolic SAR trailing dots have locked in dynamic floor support at 0.06343, securing the broader upward trend. Meanwhile, RSI (6) has reset from overbought levels to a balanced 61.92, giving buyers ample breathing room for the next expansion leg. A strong 15m candle close above 0.08500 will clear the path for a retest of the 0.09300 high and an extension toward $0.10500+.
Are you buying this consolidation dip... or waiting for a breakout confirmation above 0.08500?
Trade Now $STEEM
#STEEM #BinanceSquare #cryptotrading
Showcasing massive volatility and buyer demand on Binance, $STEEM (Steem) has posted an impressive +62.82% daily pump, backed by $11.14M USDT (167.51M STEEM) volume! After exploding from its 0.04620 daily low to hit a 24-hour peak high of 0.09300, price action is consolidating healthily around 0.07581.
Trade Bias: Bullish Continuation / Rebound
Entry Zone: 0.07000 – 0.07500 (Accumulate long positions near trailing SAR support floor)
Targets: 0.08500 ➡️ 0.09300 ➡️ 0.10500
Stop Loss: Below 0.06300
Technically, the 15m chart displays a healthy momentum structure. Parabolic SAR trailing dots have locked in dynamic floor support at 0.06343, securing the broader upward trend. Meanwhile, RSI (6) has reset from overbought levels to a balanced 61.92, giving buyers ample breathing room for the next expansion leg. A strong 15m candle close above 0.08500 will clear the path for a retest of the 0.09300 high and an extension toward $0.10500+.
Are you buying this consolidation dip... or waiting for a breakout confirmation above 0.08500?
Trade Now $STEEM
#STEEM #BinanceSquare #cryptotrading