$STEEM Futures Long Signal
Entry Zone: 0.0645 – 0.0660
Take-Profit 1: 0.0685
Take-Profit 2: 0.0715
Take-Profit 3: 0.0750
Stop-Loss: 0.0620
Leverage (Suggested): 3–5x
Rationale:
#STEEM has printed a strong bullish reaction from the 0.062 demand base, forming a sharp impulsive candle with clear volume expansion. Price has reclaimed the short-term MA cluster and is attempting to break above the descending MA(99), which acts as key dynamic resistance.
The structure suggests a potential trend reversal setup, with buyers defending higher lows after the rejection. As long as price holds above the 0.064–0.065 demand zone, continuation toward higher liquidity levels remains structurally valid.
Risk-Management Note:
A decisive breakdown below 0.0620 would invalidate the reversal structure and signal renewed bearish continuation.
