$STEEM 💰
🔻 STEEM longs capitulating, positions loosening. Current price 0.04814; sell the rebound
📊 Key data:
❌ 1H EMA20<EMA50; selling pressure dominates the trend
❌ 4H structure is bearish, with the trend acting as resistance｜BTC environment: BEAR
📊 RSI 30｜Volume 6.53x; bearish momentum dominates
📈 OI (3H) +17.62%｜Short positions increasing; continued pressure
💡 STEEMUSDT breakdown confirmed; bearish momentum accelerating
🎯 Trade: Short
• Entry: 0.04819 ~ 0.04866
• Stop-loss: 0.04959 (dynamic ATR)
• Target 1: 0.04582 (risk/reward 1:1.7)
• Target 2: 0.04512 (risk/reward 1:2.2)
⚠️ Risk: Set a stop-loss to guard against a false breakdown
Data source: Binance USD-M｜DYOR
$APR $ERA
🔻 STEEM longs capitulating, positions loosening. Current price 0.04814; sell the rebound
📊 Key data:
❌ 1H EMA20<EMA50; selling pressure dominates the trend
❌ 4H structure is bearish, with the trend acting as resistance｜BTC environment: BEAR
📊 RSI 30｜Volume 6.53x; bearish momentum dominates
📈 OI (3H) +17.62%｜Short positions increasing; continued pressure
💡 STEEMUSDT breakdown confirmed; bearish momentum accelerating
🎯 Trade: Short
• Entry: 0.04819 ~ 0.04866
• Stop-loss: 0.04959 (dynamic ATR)
• Target 1: 0.04582 (risk/reward 1:1.7)
• Target 2: 0.04512 (risk/reward 1:2.2)
⚠️ Risk: Set a stop-loss to guard against a false breakdown
Data source: Binance USD-M｜DYOR
$APR $ERA
