Market Overview for Steem/Tether (STEEMUSDT): Dec 22, 2025

Monday, Dec 22, 2025 5:41 pm ET1min read
Aime RobotAime Summary

- STEEMUSDT broke above 0.0645-0.0648 resistance with a bullish engulfing pattern, closing at 0.0645 on Dec 22.

- Volume surged past 980,000 during the rally while RSI hit overbought levels (~70), signaling potential profit-taking.

- Bollinger Bands widened sharply in final 4 hours, suggesting heightened volatility and possible consolidation between 0.0640-0.0648.

- 20/50 EMA crossover confirmed short-term bullish momentum, but bearish MACD divergence hints at near-term consolidation.

Summary
• Price tested key resistance at 0.0645–0.0648 before consolidating.
• Volume surged over 980,000 during the rally, confirming bullish momentum.
• RSI reached overbought territory near 70, suggesting potential pullback.
• A bullish engulfing pattern formed during the morning ET breakout.
• Volatility expanded with Bollinger Band width peaking in the final 4 hours.

Steem/Tether (STEEMUSDT) opened at 0.0632 on Dec 21 at 12:00 ET, reached a high of 0.0648, a low of 0.0626, and closed at 0.0645 at 12:00 ET on Dec 22. Total volume for the 24-hour window was 4,727,716.3, while notional turnover amounted to approximately $298,049.

Structure & Formations


Price established a key bullish breakout above 0.0645–0.0648 in late morning ET, forming a bullish engulfing pattern on the 5-minute chart.
A strong support zone emerged between 0.0631–0.0634 during the overnight session, which held through early morning volatility.

Moving Averages


The 20- and 50-period moving averages on the 5-minute chart crossed to the upside during the morning ET rally, confirming short-term bullish momentum. The daily 50/200 EMA crossover remains neutral, with price above the 200-day MA, suggesting a moderate bullish bias.

Momentum & Volatility


MACD showed a strong positive divergence during the morning ET upswing, with a bearish crossover expected as price consolidates. RSI pushed into overbought territory (~70), hinting at possible profit-taking. Bollinger Bands widened significantly during the last 4 hours, reflecting heightened volatility and potential for ranging consolidation.

Volume and Turnover


Volume spiked above 980,000 during the morning ET breakout, confirming strength in the rally. Turnover aligned with volume increases, showing no major price–turnover divergence. Late afternoon volume declined, signaling waning momentum ahead of the 12:00 ET close.

Fibonacci Retracements


A 38.2% Fibonacci retracement level at 0.0641 provided initial resistance during the morning rally, which was later broken. The 61.8% level at 0.0647 became a key support-turned-resistance, with price bouncing off it twice before consolidating.

Looking ahead,

may face near-term consolidation between 0.0640–0.0648 as momentum stabilizes. A break below 0.0640 could trigger a pullback toward 0.0634–0.0636, but the broader structure suggests a potential for further upward movement if buyers hold this range. Investors should monitor volume for signs of exhaustion or renewed buying pressure.