$STEEM

STEEM
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Massive spike followed by heavy sell pressure. That’s classic liquidity event behavior.
#STEEM has history and community, but it often reacts sharply to speculative flows.
RSI peaked hard and is cooling now. If it consolidates above $0.058–$0.060, momentum could rebuild. Otherwise, it fades back into range.
Bias: Cautious / Neutral
Entry zone: Only after consolidation above $0.058
Bull confirmation: Reclaim $0.065
Exit / TP zone: $0.07 retest
Invalidation: Below $0.055
That spike was heavy distribution. Needs base building before fresh entry.
Not a Financial advice, always do your own research. ⛔️