$STEEM is showing a cleaner structure after the sharp push higher. Price reached 0.08496, pulled back, and is now holding around 0.073, with the recent candles forming a tight range instead of immediately giving back the entire move.
For me, the important zone is around 0.0705–0.072. Holding this area keeps the short-term bullish structure intact, while a reclaim of 0.078–0.080 with stronger volume could bring the recent high back into focus. I’d rather wait for confirmation than chase the volatility here.
For me, the important zone is around 0.0705–0.072. Holding this area keeps the short-term bullish structure intact, while a reclaim of 0.078–0.080 with stronger volume could bring the recent high back into focus. I’d rather wait for confirmation than chase the volatility here.