STEEM just pulled a +50% pump with volume 18x above average. Where did THIS come from?! 🤯
Price: $0.0698 | 4H RSI: 83.2 | Daily RSI: 86.1. Volume ratio of 18.44x is the highest I am seeing today. The 4H MACD is strongly positive with expanding histogram.
Why This Trade?
A 50% move with 18x volume is not random noise — someone is accumulating aggressively. The daily chart shows price far above the 99-day SMA ($0.0413), confirming this is a real trend shift. But with both RSI readings deep in overbought, a pullback before continuation is likely.
Trade Plan:
📍 Entry: $0.0658 – $0.0738 (buy the dip, not the top)
🛑 SL: $0.0538 (below pre-pump levels)
🎯 TP1: $0.0761 | TP2: $0.0782 | TP3: $0.10 (moonbag)
Patience for a pullback entry = better risk/reward.
Is STEEM the next social media token to run? Or is this a one-day wonder? 🚀
#STEEM #Altcoin #DYOR
⚠️ Disclaimer: Not financial advice. High-volatility plays require strict risk management.
Price: $0.0698 | 4H RSI: 83.2 | Daily RSI: 86.1. Volume ratio of 18.44x is the highest I am seeing today. The 4H MACD is strongly positive with expanding histogram.
Why This Trade?
A 50% move with 18x volume is not random noise — someone is accumulating aggressively. The daily chart shows price far above the 99-day SMA ($0.0413), confirming this is a real trend shift. But with both RSI readings deep in overbought, a pullback before continuation is likely.
Trade Plan:
📍 Entry: $0.0658 – $0.0738 (buy the dip, not the top)
🛑 SL: $0.0538 (below pre-pump levels)
🎯 TP1: $0.0761 | TP2: $0.0782 | TP3: $0.10 (moonbag)
Patience for a pullback entry = better risk/reward.
Is STEEM the next social media token to run? Or is this a one-day wonder? 🚀
#STEEM #Altcoin #DYOR
⚠️ Disclaimer: Not financial advice. High-volatility plays require strict risk management.