๐จ $STEEM SHOWS STRUCTURAL WEAKNESS WITH INSTITUTIONAL REJECTION AT KEY RESISTANCE! ๐
Entry: 0.0550 - 0.0565 โก
Target: 0.0530 / 0.0510 / 0.0490 ๐ฏ
Stop Loss: 0.0585 โ ๏ธ
$STEEM continues to print a clean bearish market structure on the 1H timeframe, maintaining a clear series of lower highs and lower lows after heavy rejection from the $0.065โ$0.068 supply zone. ๐ Sellers have driven price back toward the $0.054 area, leaving an inefficiency on the push down.
A relief bounce into the $0.0550โ$0.0565 resistance block presents a disciplined short setup, contingent on price failing to reclaim $0.0565. ๐ Smart money continues to dictate order flow, keeping downside targets active while structural resistance holds. ๐
Are you taking the short entry on the corrective bounce or staying on the sidelines? ๐ค
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STEEM #ShortSetup #MarketStructure #Crypto
๐ฏ ๐ป
Entry: 0.0550 - 0.0565 โก
Target: 0.0530 / 0.0510 / 0.0490 ๐ฏ
Stop Loss: 0.0585 โ ๏ธ
$STEEM continues to print a clean bearish market structure on the 1H timeframe, maintaining a clear series of lower highs and lower lows after heavy rejection from the $0.065โ$0.068 supply zone. ๐ Sellers have driven price back toward the $0.054 area, leaving an inefficiency on the push down.
A relief bounce into the $0.0550โ$0.0565 resistance block presents a disciplined short setup, contingent on price failing to reclaim $0.0565. ๐ Smart money continues to dictate order flow, keeping downside targets active while structural resistance holds. ๐
Are you taking the short entry on the corrective bounce or staying on the sidelines? ๐ค
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #STEEM #ShortSetup #MarketStructure #Crypto
๐ฏ ๐ป
