Market Overview for Steem/Tether (STEEMUSDT) on 2025-12-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 18, 2025 6:09 pm ET1min read
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Aime RobotAime Summary

- STEEMUSDT rebounded from $0.0624 support, surging above $0.0640 with strong early ET volume spikes.

- Bullish momentum confirmed by RSI/RSI divergence and MACD positivity, with price consolidating near upper Bollinger Band.

- Fibonacci retracement levels at $0.0649-$0.0661 align with key swing highs, suggesting potential continuation or pullback targets.

- Market favors bullish continuation despite volatility risks, with 50% retracement zone ($0.0650) acting as critical consolidation level.

Summary
• Price formed key support near $0.0624 and pushed above $0.0640 with bullish momentum.
• Volume spiked during the rally, confirming upward movement from 00:15 to 04:00 ET.
• RSI and MACD showed strengthening momentum, with no clear overbought levels yet.
• Price appears to consolidate within the upper Bollinger Band following a volatility expansion.
• Fibonacci retracement levels align with key 5-minute swing highs, supporting potential pullback targets.

Market Overview

Steem/Tether (STEEMUSDT) opened at $0.0636 at 12:00 ET-1 and reached a high of $0.0678 before settling at $0.0641 at 12:00 ET. The pair traded between $0.0622 and $0.0678, with a total volume of 19,224,652.9 and turnover of $1,245,378.6.

Structure & Formations

Price action showed a strong recovery from the key support level at $0.0624, forming bullish patterns like a hammer and small bullish engulfing candles. A significant bearish rejection occurred near $0.0668–0.0673, but buying interest emerged above $0.0640, forming a multi-hour bullish trend.

Moving Averages

Short-term 20- and 50-period moving averages on the 5-minute chart crossed above $0.0635, indicating strong bullish bias. On the daily timeframe, the 50- and 100-period MA lines were not visible in the data but likely remained below the current price, suggesting

STEEMUSDT
may continue to trade above key longer-term averages.

Momentum & Volatility

MACD turned positive from 00:15 ET onward, with a strong divergence between price and RSI showing growing bullish momentum. RSI reached overbought territory briefly near $0.0668–0.0673 but retracted slightly. Volatility expanded during the sharp move up, with price trading near the upper Bollinger Band after an earlier contraction.

Volume and Turnover

Volume surged significantly during the early morning ET hours, especially between 00:15 and 04:00, coinciding with the price break above $0.0640.

Turnover followed volume closely, indicating strong conviction in the move. Divergences were not observed, supporting the strength of the bullish trend.

Fibonacci Retracements

Fibonacci levels drawn from the swing low at $0.0622 to the high at $0.0678 suggest key retracement levels at $0.0649 (38.2%) and $0.0661 (61.8%). Price is currently forming near the 50% retracement, which could act as a potential consolidation zone or continuation catalyst.

The market appears to be favoring bullish continuation with strong volume and momentum confirmation. However, traders should remain cautious as pullbacks to the $0.0640–0.0636 range may test buyers’ resolve. Volatility remains elevated, and sharp reversals are always a risk in such conditions.