The $STEEM /USDT pair is currently trading at $0.2789, reflecting a significant decrease of 12.41%. The 24-hour high is $0.3329, and the 24-hour low is $0.2717. The chart displayed is a 30-minute candlestick chart showing recent price movements, highlighting a bearish trend. The 24-hour trading volume for STEEM is 97.32 million, and for USDT, it is 28.92 million.
📉 Market Conditions:
The overall market sentiment is bearish, with the price facing downward pressure. The recent price action suggests a continuation of the bearish trend, and traders should be cautious. The high trading volume indicates significant market interest, but the current bearish movement requires careful consideration.
📊 High Probability Trade Scenario:
- Bearish Scenario:
- Entry: $0.2789
- Take Profit (TP): $0.2650
- Stop Loss (SL): $0.2850
📉 Market Outlook:
The bearish momentum is expected to persist, with the price likely to test lower support levels. Traders should monitor the price action and trading volume closely for confirmation of the trend's sustainability. The next few trading sessions will be crucial in determining the market direction.
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$STEEM
STEEM
0.2552
-7.13%
#NFPCryptoImpact #DOJBTCAuction #ShareYourTrade #USJoblessClaimsDrop #BinanceAlphaAlert
Hello friend, the outlook for $STEEM/USDT is not so positive, it seems that the feeling for the moment will continue to be bearish, not for nothing the market is the same, any buyer today would think twice before moving.
Greetings.
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