$STEEM /USDT — 🔴 SHORT · Conf 75%
📍 Entry: 0.0577 – 0.0582
🛑 SL: 0.0682
🎯 TP1: 0.0550
✅ TP2: 0.0527
🏆 TP3: 0.0492
Price peaked at 0.0930 and has been rejected at every MA on the way down — now trading below MA7 (0.0625) and MA25 (0.0634) with -22.77% on the day and lower lows printing.
$STEEM : Steem is a blockchain-based social media protocol rewarding content creators with token payouts — key mechanic is upvote-weighted reward distribution; risk is the 2020 Justin Sun hostile takeover fractured the community and drove the core dev team to fork Hive, leaving Steem's ecosystem significantly hollowed out.
Given that the most active developers and community members migrated to Hive after the 2020 fork, what is the actual value proposition keeping STEEM trading at any price above zero?
#STEEM #JustinSun #Hive #web3 #AI
📍 Entry: 0.0577 – 0.0582
🛑 SL: 0.0682
🎯 TP1: 0.0550
✅ TP2: 0.0527
🏆 TP3: 0.0492
Price peaked at 0.0930 and has been rejected at every MA on the way down — now trading below MA7 (0.0625) and MA25 (0.0634) with -22.77% on the day and lower lows printing.
$STEEM : Steem is a blockchain-based social media protocol rewarding content creators with token payouts — key mechanic is upvote-weighted reward distribution; risk is the 2020 Justin Sun hostile takeover fractured the community and drove the core dev team to fork Hive, leaving Steem's ecosystem significantly hollowed out.
Given that the most active developers and community members migrated to Hive after the 2020 fork, what is the actual value proposition keeping STEEM trading at any price above zero?
#STEEM #JustinSun #Hive #web3 #AI
