$STEEM — Buyers Lose $0.0584
STEEM recorded $1.95K in long liquidations at $0.05839, putting immediate pressure on the $0.0584 area.
Trading Setup — SHORT
Entry Zone: $0.0582–$0.0587
TP1: $0.0570
TP2: $0.0555
TP3: $0.0538
Stop Loss: $0.0600
If $STEEM cannot reclaim $0.0587, liquidation pressure may continue. A break below $0.0582 would strengthen the setup.
Invalidation: Sustained recovery above $0.0600.
Trade with proper risk management and DYOR.
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