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Technical analysis by Rasulberdi_Ashiraliyev about Symbol STEEM: Buy recommendation (5/2/2025)

https://sahmeto.com/message/3472001
Rasulberdi_Ashiraliyev
Rasulberdi_Ashiraliyev
Rank: 213
3.3
Buy،Technical،Rasulberdi_Ashiraliyev

STEEM/USDT is showing signs of a bullish reversal after testing a key demand zone around 0.1392–0.1473. Price has respected the 0.705 Fibonacci level and formed support at 0.1485, suggesting potential for an upward move.Trade Setup:Entry: 0.1485Stop-Loss: 0.1392 (below demand zone)Target: 0.1745 (previous high / 0 Fibonacci)Risk:Reward Ratio: ~1:2.8A clean rejection from support with confluence of Fibonacci levels and a possible breakout structure. As long as price stays above the demand zone, long bias remains valid.Not financial advice. Always do your own research.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$0.1745
Stop Loss Price
$0.1392
Price at Publish Time:
$0.14888
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