After a bout of volatility STEEM looks ok going forward

We had a bit of a scare this morning with STEEM falling by as much as 10%.

However, a few hours later and STEEM would pretty much take back the majority of the drop, especially the last part that was the most violent.

(Source: https://www.mexc.com/exchange/STEEM_USDT?_from=search_spot_trade)

This is a 15 min chart so isn't really looking beyond the next several hours or days.

That being said as long as STEEM holds above $.28 SBDs will keep printing and that is very beneficial to Steemit.com users.

So, as long as we hold that level, it's all good!