$STEEM – Gainer Alert Confirmed, Momentum Building 🚀
ENTRY POINT: $0.0605
**STOP LOSS:** $0.056
TARGETS:
🥇 $0.065
🥈 $0.068
🥉 $0.072
🔍 Current Market Snapshot (Feb 24, 2026):
· Current price: $0.0627–$0.0658 range after 26%+ surge
· 24h gain: +26.02% to +35% — massive momentum
· 24h high: $0.06575–$0.0687 briefly touched
· 24h volume: $38.5M — serious participation
· Market cap: ~$33.8M (rank #584)
· Price catalyst: Classic short squeeze driving the move
📊 Technical Structure:
· Breakout confirmed: Price exploded from $0.0487 to $0.0657 in hours
· 1H structure: RSI 78.86 (overbought) — momentum strong but extended
· 4H trend: Bullish with RSI 71.93, MACD positive across timeframes
· Open interest: $28.15M — market activity high
· Funding rate: -71.1% (extremely negative) — shorts paying heavy premiums
· Liquidation pattern: 96.3% of liquidations were shorts — textbook squeeze
· Key support: $0.0497 (SMA20/breakout level)
· Immediate resistance: $0.065–$0.068 (testing now)
🚀 Why This Move Is Real:
· Short squeeze confirmed: Negative funding + short liquidation dominance = forced buying
· Volume spike: 24h volume up 92%+ — real money, not noise
· Derivatives activity: Open interest surge indicates institutional participation
· Fear & Greed: 95 (extreme greed) — FOMO building
Buy and trade here on
$STEEM 👇
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