๐ STEEM +27.7% on 7.24x volume โ this is the highest volume spike on today's board. Someone wants this price higher.
At $0.0618, price is blasting through SMA7(4H) at $0.0641 as resistance. RSI(4H) at 63.4 โ surprisingly healthy for a +27% move. Daily RSI at 82.1 is strong. L/S ratio 1.50 shows balanced but bullish positioning. All MAs stacked bullishly: SMA7 > SMA25 > SMA99 on daily.
๐ Why This Trade?
7.24x volume is institutional-grade accumulation. The old social media blockchain is getting a second look โ maybe AI narrative, maybe speculation, but the chart doesn't lie. MACD histogram expanding on both timeframes confirms upward momentum.
๐ฏ Trade Plan (LONG):
โข Entry: $0.0574 โ $0.0662
โข SL: $0.0441
โข TP1: $0.0682 | TP3: $0.0692
Wide entry zone accounts for volatility. Don't FOMO at the top.
Is STEEM a sleeper or a one-day wonder? Your call ๐
#STEEM #AltGems #DYOR
โ ๏ธ Not financial advice. Always do your own research. High-volatility altcoins can retrace fast.
At $0.0618, price is blasting through SMA7(4H) at $0.0641 as resistance. RSI(4H) at 63.4 โ surprisingly healthy for a +27% move. Daily RSI at 82.1 is strong. L/S ratio 1.50 shows balanced but bullish positioning. All MAs stacked bullishly: SMA7 > SMA25 > SMA99 on daily.
๐ Why This Trade?
7.24x volume is institutional-grade accumulation. The old social media blockchain is getting a second look โ maybe AI narrative, maybe speculation, but the chart doesn't lie. MACD histogram expanding on both timeframes confirms upward momentum.
๐ฏ Trade Plan (LONG):
โข Entry: $0.0574 โ $0.0662
โข SL: $0.0441
โข TP1: $0.0682 | TP3: $0.0692
Wide entry zone accounts for volatility. Don't FOMO at the top.
Is STEEM a sleeper or a one-day wonder? Your call ๐
#STEEM #AltGems #DYOR
โ ๏ธ Not financial advice. Always do your own research. High-volatility altcoins can retrace fast.