$STEEM is trading at approximately $0.261 per token, reflecting a 11.06% increase over the previous close.
Technical analysis indicates a strong bullish trend for STEEM/USDT. Analysts suggest considering long positions as long as the price remains above key support levels. For instance, CentralCharts notes that traders may consider long positions if the price stays above $0.3201 USDT.
However, it's important to note that short-term indicators can show variability. For example, Binance Square reported a 7.29% price drop in the last 24 hours, indicating potential short-term volatility.
