$STEEM is showing a strong bullish breakout on the 4H chart after holding the 0.045–0.050 demand zone. Buyers have taken control with aggressive momentum, pushing price above 0.070, but the current rejection shows short-term profit taking. If 0.060–0.065 holds, another move toward the recent high and higher liquidity remains possible.
Trade Setup Entry: 0.062–0.067 Target 1: 0.072 Target 2: 0.078 Target 3: 0.085 Stop Loss: 0.058
How it's possible
The breakout came with a major expansion in volume and momentum, confirming strong buyer participation. Holding the 0.060–0.065 area would turn the breakout zone into fresh support and keep the bullish structure intact. A strong reclaim of 0.072 with volume could trigger another liquidity run toward 0.078 and 0.085. Because volatility is extremely high, risk management is essential. If price closes below 0.058, the setup fails and the trade should be exited to protect capital.
Let's go and Trade now $STEEM
Trade Setup Entry: 0.062–0.067 Target 1: 0.072 Target 2: 0.078 Target 3: 0.085 Stop Loss: 0.058
How it's possible
The breakout came with a major expansion in volume and momentum, confirming strong buyer participation. Holding the 0.060–0.065 area would turn the breakout zone into fresh support and keep the bullish structure intact. A strong reclaim of 0.072 with volume could trigger another liquidity run toward 0.078 and 0.085. Because volatility is extremely high, risk management is essential. If price closes below 0.058, the setup fails and the trade should be exited to protect capital.
Let's go and Trade now $STEEM
