【$STEEM Signal】Long! After a massive breakout on the 1H chart, a pullback occurs, and the main force's intention to support the price is clear

$STEEM The 1H level has just completed an epic volume breakout, with a single candle rising over 18%, currently in a strong consolidation at high levels. A large bullish candle on the 4H chart directly engulfs the previous several candles, confirming a trend reversal. Although the 1H RSI(73) is somewhat high, combined with massive volume, negative funding rate, and stable holding volume, this is a typical structure of main force clearing out floating positions after a rally, making the pullback an opportunity.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0648 - 0.0650

🛑Stop Loss: 0.0633

🚀Target 1: 0.0680

🚀Target 2: 0.0710

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the stop loss up to the entry price of 0.0650. Hold the remaining position to aim for Target 2; if the price falls below the moving stop, exit all positions.

(Depth Logic: The core lies in capital flow and order book. The volume on the 1H chart surged nearly 100 times, which is real buying pressure that cannot be faked. Open interest(oi_trend) remains stable after the price surge, indicating it’s not a short squeeze but rather bullish main force actively building positions. The funding rate is -0.2332%, fueling a short squeeze scenario. The order book depth shows buy orders densely packed in the 0.06524-0.06535 range, providing strong support below. The 1H EMA20 (0.0587) has turned into a strong support level; a pullback that does not break this level is a good entry point for a second buy. )

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