STEEM SURGES THROUGH ORDER BLOCK đđ
On the 4âhour chart $STEEM ripped through the $0.04643 support cluster, snapping the last bearish order block and igniting a 55âŻ% surge in 24âhour volume to $9.08âŻM đ. The breakout aligns with a broader macroâasset accumulation wave that has been rotating capital into highâyield community tokens, fueling aggressive buying pressure above the $0.06960 midârange level đ. Open interest on $STEEM perpetuals jumped 1.8Ă, confirming that shortâterm traders are loading positions rather than merely speculating.
Next, $STEEM faces a tight $0.09253 resistance band that also marks the recent 24âhour high. A clean retest of this zone with sustained buying could push the ticker into a 38â% upside corridor toward the $0.115 psychological ceiling đ. Conversely, a failure to hold above $0.085 would likely trigger a shortâterm pullback to the $0.0695 pivot. Given the current orderâflow imbalance and accelerating momentum, the odds favor a continuation of the rally, especially if volume stays above the $9âŻM threshold đ„
DYOR
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#STEEM #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare
On the 4âhour chart $STEEM ripped through the $0.04643 support cluster, snapping the last bearish order block and igniting a 55âŻ% surge in 24âhour volume to $9.08âŻM đ. The breakout aligns with a broader macroâasset accumulation wave that has been rotating capital into highâyield community tokens, fueling aggressive buying pressure above the $0.06960 midârange level đ. Open interest on $STEEM perpetuals jumped 1.8Ă, confirming that shortâterm traders are loading positions rather than merely speculating.
Next, $STEEM faces a tight $0.09253 resistance band that also marks the recent 24âhour high. A clean retest of this zone with sustained buying could push the ticker into a 38â% upside corridor toward the $0.115 psychological ceiling đ. Conversely, a failure to hold above $0.085 would likely trigger a shortâterm pullback to the $0.0695 pivot. Given the current orderâflow imbalance and accelerating momentum, the odds favor a continuation of the rally, especially if volume stays above the $9âŻM threshold đ„
DYOR
Follow for Updates
#STEEM #GENERAL_ALTCOIN #CryptoTrending #BinanceSquare