Market Overview for Steem/Tether (STEEMUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Dec 12, 2025 6:08 pm ET1min read
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Aime RobotAime Summary

- STEEMUSDT surged to 0.072, testing 0.071–0.0713 resistance before consolidating near 0.0706–0.071.

- Volume spiked at 0.0711–0.0718 ($7,525 turnover) but sharply declined post-03:45 ET, signaling reduced participation.

- RSI peaked at overbought 70 during the morning breakout, now neutralizing momentum, while Bollinger Bands contraction hints at potential volatility resumption.

- Key support at 0.0705–0.0708 held multiple times, with 38.2% Fibonacci retracement reinforcing its significance as a short-term floor.

Summary
• Price surged to 0.072 and retested 0.071–0.0713 as key resistance.
• Strong buying in early hours, but pressure waned after 0.0718 high.
• Volume spiked at 0.0711–0.0718 and then declined sharply after 03:45 ET.
• RSI overbought in morning, now neutral; momentum may pause.
• Bollinger Bands tightened mid-day, suggesting possible volatility resumption.

Steem/Tether (STEEMUSDT) opened at 0.0701 on 2025-12-11 12:00 ET, reached a high of 0.072, and closed at 0.0706 by 2025-12-12 12:00 ET, with a low of 0.0682. Total 24-hour volume was 1,481,786.8, and notional turnover was approximately $102,867.

Structure & Formations


The 24-hour candlestick pattern showed a bullish breakout above 0.071, followed by a sharp pullback and consolidation near 0.0706–0.071. Key support emerged at 0.0705–0.0708, with a bearish engulfing pattern forming after the 0.0718 high. A large bearish candle on the daily timeframe suggests a potential reversal or exhaustion in upward momentum.

Moving Averages


On the 5-minute chart, the 20- and 50-period moving averages converged near 0.0708–0.071, indicating a short-term pivot zone.
The daily MA structure showed the 50- and 200-period lines aligned with the 0.0702–0.0704 range, suggesting potential resistance ahead.

Momentum and Volatility


RSI peaked at 70 during the morning breakout, indicating overbought conditions. The indicator has since corrected to neutral levels, suggesting a possible pause in directional bias. Bollinger Bands contracted after 08:00 ET, signaling a potential breakout or re-acceleration in the coming hours.

Volume and Turnover


The highest volume spike occurred at 21:30 ET with a $7,525 turnover, supporting the 0.0711–0.0718 price range. After a sharp drop-off post-03:45 ET, volume has remained thin, suggesting reduced participation. Notional turnover diverged from price during the afternoon pullback, raising questions about conviction.

Fibonacci Levels


On the 5-minute chart, the pullback from 0.0718 found support at the 61.8% Fibonacci level near 0.0711. On the daily chart, the 38.2% retracement level at 0.0703–0.0705 has held multiple times, reinforcing its significance as a key short-term floor.

The market appears to be consolidating after a strong early breakout, with 0.0705–0.071 as the critical range for the next 24 hours. A sustained break above 0.0711 could trigger further upside, while a test of 0.0693 would raise bearish concerns. Investors should watch for divergence in volume and RSI as early warning signs of a potential reversal.