STEEM Profitable Scalping Strategy for Today

in #steemityesterday

STEEM Profitable Scalping Strategy for Today

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  1. Identify Key Price Zones:
    Support Zone: $0.139 – $0.141 (Good entry point)

Resistance Zone: $0.145 – $0.148 (Ideal exit point)

  1. Entry Signal:
    Enter a buy trade near $0.140 if:

RSI is below 30 (oversold)

Price touches support zone with a bullish candle

  1. Exit Signal:
    Sell near $0.145–$0.146 if:

RSI crosses above 65

Price hits minor resistance and starts forming reversal candles

  1. Stop-Loss:
    Set a tight stop-loss at $0.1385, just below the support.

  2. Repeat the Cycle:
    If price falls again to $0.140, repeat the trade only if volume supports a bounce.

⚠️ Tips:
Use a small amount and trade with discipline.

Don’t chase the price; wait for proper setup.

Use limit orders to avoid slippage.