$STEEM has seen a 24-hour price decline of -3.552%.
Currently, the price oscillates near the lower Bollinger Band at 0.1213, indicating potential oversold conditions.
A reversal toward the middle band could be imminent, but watch for stability around support at 0.1197.
If the price breaks support, consider a stop-loss just below this level.
Volatility appears to be contracting, suggesting reduced price movement ahead.
Traders may opt to wait for clearer signals or set alerts around key levels before entering positions.
