Based on the 15-minute candlestick chart for $STEEM USDT on Binance:
🔍 Technical Indicators:
Current Price: $0.1515
EMA (7): 0.1510 (yellow)
EMA (25): 0.1506 (magenta)
EMA (99): 0.1522 (blue)
📈 Recent Movement:
$STEEM /USDT has shown a short-term recovery after hitting a low of 0.1471.
Price has moved up and is now above the EMA(7) and EMA(25) — a short-term bullish signal.
However, it's still below the EMA(99), which suggests the overall trend is still bearish until it breaks above that level.
📉 Daily Stats:
24h High: 0.1594
24h Low: 0.1466
Price Change: -4.05% (still negative on the day)
📊 Volume:
Volume spiked around 04:15, showing increased buying interest, but has since cooled down.
📌 Summary:
Short-term (15m): Slightly bullish momentum — potential upward continuation if it breaks above 0.1522 (EMA99).
Mid/long-term: Still bearish, as overall trend shows lower highs and lows.
✅ Watch for:
Breakout above 0.1522 — could indicate stronger upside.
Failure to hold 0.1500 — could lead to a retest of lower levels (e.g., 0.1471 or lower).