$STEEM is currently hovering around a critical support level of 0.1223 USDT.
The price is bearish, as it struggles below resistance at 0.1254 USDT with an RSI of 39.57.
A potential trading strategy could focus on a range-bound play, targeting a bounce at support or a breakout above resistance.
Traders should remain cautious of Bitcoin’s volatility and macroeconomic factors that could impact market sentiment.
