$STEEM just went vertical with a ~27.6% surge in the last 24 hours—crazy move. Price is currently sitting near $0.0600 after printing a high at $0.0682 and dipping as low as $0.0454.

Trading activity went wild too, with around 124M STEEM changing hands, which definitely looks like a real momentum-driven pump.

We’ve been stuck in a long consolidation zone between $0.045 and $0.05, liquidity got swept on the downside, and then buyers stepped in hard with a massive breakout candle. The current pullback is healthy and expected after such a sharp rally.

From a technical perspective, the EMA structure looks bullish: the short-term EMA is tracking price closely, the mid-term EMA is acting as support, and the long-term EMA is far below—suggesting trend strength and potential continuation.

If volume stays strong, this rally could still have room to run. But be cautious—heavy profit-taking could trigger a sharp pullback.

Key support sits around $0.055–$0.058. Losing that zone could flip the trend bearish again. If it holds, upside targets around $0.065 and then $0.068–$0.070 are in play.

Overall, STEEM is showing real signs of revival, and the SocialFi narrative might be heating up again. Watch it closely, manage risk, and avoid chasing blindly.

$STEEM 🚀