🔥 Traders Alert: $STEEM is preparing for a breakout! The next move upward is imminent.
$STEEM currently shows a classic consolidation phase after a strong rise. The price has managed to firmly hold below the resistance level, which is a technical scenario that often indicates the continuation of the upward trend rather than a reversal.
If $STEEM succeeds in maintaining trading above the initial support level at 0.0780, then a significant breakout becomes very likely towards higher targets.
Trade Setup (Buy / Long):
Entry Range: 0.0780 – 0.0783
Main Targets (TP):
First Target: 0.0790
Second Target: 0.0798
Extended Target: 0.0805
Stop Loss (SL) for protection: 0.0772
Wise risk management is the key to success. Keep a close watch on the range, and prepare yourselves for the expected upward move.
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