🧊🎯 $STEEM THE SPIKE IS COOLING, BUT THE TREND IS STILL ALIVE!
At around $0.0569, STEEM is holding a +15.3% 24H gain after a powerful push to $0.08575. Now the chart is entering the important part: can buyers defend the breakout zone?
⏱️ 1H: Momentum has pulled back from the spike. Price is below the $0.0598–$0.0649 MA area, making $0.055–$0.050 an important zone to watch.
📊 4H: The structure remains constructive after the sharp breakout. Price is still above the MA(25) around $0.0507 and MA(99) around $0.0463.
🌍 1D: The bigger reversal is clear — STEEM recovered from around $0.034 and surged through the $0.043 area on huge volume. The daily chart is now testing whether this breakout can hold.
🎯 Key levels:
• $0.050–$0.055 — important support zone
• $0.060–$0.065 — first resistance/reclaim area
• $0.08575 — recent high
⚠️ The move has been extremely fast, so volatility is elevated. The next confirmation matters more than chasing the spike.
#STEEM #CryptoTrading #BinanceSquare
#ClarityActFacesProceduralVoteSept15 #SECReceivesGrayscaleLitecoinTrustETFFiling #RevolutConfirmsFakeGovEmailDataBreach #US10YearTreasuryYieldNears5%
At around $0.0569, STEEM is holding a +15.3% 24H gain after a powerful push to $0.08575. Now the chart is entering the important part: can buyers defend the breakout zone?
⏱️ 1H: Momentum has pulled back from the spike. Price is below the $0.0598–$0.0649 MA area, making $0.055–$0.050 an important zone to watch.
📊 4H: The structure remains constructive after the sharp breakout. Price is still above the MA(25) around $0.0507 and MA(99) around $0.0463.
🌍 1D: The bigger reversal is clear — STEEM recovered from around $0.034 and surged through the $0.043 area on huge volume. The daily chart is now testing whether this breakout can hold.
🎯 Key levels:
• $0.050–$0.055 — important support zone
• $0.060–$0.065 — first resistance/reclaim area
• $0.08575 — recent high
⚠️ The move has been extremely fast, so volatility is elevated. The next confirmation matters more than chasing the spike.
#STEEM #CryptoTrading #BinanceSquare
#ClarityActFacesProceduralVoteSept15 #SECReceivesGrayscaleLitecoinTrustETFFiling #RevolutConfirmsFakeGovEmailDataBreach #US10YearTreasuryYieldNears5%
