STEEM at a Turning Point: Strong Buying Pressure, Fresh Momentum & What the Data Says 📈

1. STEEM Price Breaks Above a Key Short-Term Range

The first screenshot shows STEEM/USDT trading around $0.03603, with a 24-hour gain of 3.27%.

More importantly, STEEM recently reached a 24-hour high of $0.03626, while the 24-hour low was around $0.03416.On the 15-minute chart, the moving averages are positioned as:

• MA(7): $0.03593
• MA(25): $0.03517
• MA(99): $0.03484

This is an encouraging technical structure because the short-term MA is above the medium-term MA, while the medium-term MA is also above the longer-term MA.The price has also moved significantly above the MA(25) and MA(99), indicating strong short-term momentum.However, after the sharp move toward $0.03626, some profit-taking can naturally occur. Therefore, the $0.0360–$0.0363 region is an important area to watch.

2. STEEM Is Still Extremely Far Below Its Historical High

The second screenshot provides a broader perspective.STEEM's displayed market capitalization is approximately $20 million, with circulating supply of around 555.78 million STEEM.The most interesting number is the historical price range.The displayed all-time high is $8.5744, while the recent all-time low shown in the screenshot is approximately $0.03414.

That means STEEM is currently trading very close to its historical floor compared with its previous peak.This does not mean that STEEM must return to its previous all-time high. But it does demonstrate just how dramatically the token's valuation has contracted over the years.

For long-term observers, this creates an interesting question:Is STEEM simply experiencing another temporary bounce, or are we witnessing the beginning of a larger recovery cycle?The current market data alone cannot answer that but the next indicators provide some interesting clues.

3. Money Flow Shows Buyers Are Becoming More Active

The third screenshot shows the 1-day Money Flow Analysis.The flow distribution contains several green and red segments, with the green side collectively representing a significant portion of the current flow.The most important information becomes clearer in the detailed order-flow data.

Current Order Flow

Large orders:

• Buy: 365,792.20 STEEM
• Sell: 135,015.40 STEEM
• Net inflow: +230,776.80 STEEM

Medium orders:

• Buy: 2.11M STEEM
• Sell: 1.41M STEEM
• Net inflow: +692,858.40 STEEM

Small orders:

• Buy: 5.42M STEEM
• Sell: 5.12M STEEM
• Net inflow: +297,046.40 STEEM

Total

• Total Buy: 7.89M STEEM
• Total Sell: 6.67M STEEM
• Net Inflow: +1.22M STEEM

This is one of the most interesting pieces of data in the screenshots.

Buying volume is currently greater than selling volume by approximately 1.22 million STEEM.Even more interesting is that large orders show a strongly positive imbalance, with more than 365K STEEM bought versus approximately 135K sold.That suggests that larger participants are currently showing more buying interest than selling pressure.

4. Large-Order Inflow Has Turned Positive

The fifth screenshot provides another important perspective.
The 5 × 24-hour Large Inflow chart shows several positive periods, including:

• 81,719.20 STEEM
• 579,652.60 STEEM
• 230,776.80 STEEM in the latest 24-hour period

The displayed five-day large-order inflow is approximately 574,109.20 STEEM.This is particularly interesting because large transactions can sometimes provide a better indication of market positioning than simply looking at the number of small trades.The latest 24-hour figure shows approximately 230.8K STEEM of net large-order inflow.If this trend continues, it could provide additional support for the current bullish momentum.

5. 24-Hour Money Inflow Remains Elevated

The lower chart in the same screenshot shows a significant jump in money inflow around the morning period.After moving from negative territory, the flow rapidly climbed and remained substantially elevated for much of the day.

Although the chart shows some decline toward the latest reading, the overall level remains considerably higher than the earlier part of the period.This suggests that the recent STEEM price movement was accompanied by increased capital activity rather than being driven solely by a lack of sellers.That distinction is important.

6. Platform Concentration Is Recovering

The final screenshot shows Platform Concentration (STEEM) over the last 24 hours.The indicator started around 3.21–3.22, dropped toward approximately 3.12, and then gradually recovered.

By the end of the displayed period, it had moved back toward approximately 3.17.The recovery is notable because it suggests that the concentration metric is moving upward after a period of decline.

However, it is still below the earlier peak around 3.21–3.So, rather than calling this a complete reversal, I would describe it as an early recovery signal that needs confirmation.

Putting Everything Together

When all six screenshots are viewed together, the picture becomes much more interesting.

We have:

• STEEM up around 3.27% over 24 hours
• Price reaching $0.03626
• Short-term moving averages aligned positively
• Total buying volume of 7.89M STEEM vs 6.67M selling
• Net inflow of approximately 1.22M STEEM
• Large-order net inflow of approximately 230.8K STEEM
• Strong recent money-flow activity
• Platform concentration recovering from its intraday low

These indicators collectively suggest that buyers currently have the upper hand in the short-term market structure.

But there is an important warning.

STEEM has experienced a very sharp move in a relatively short period. Whenever an asset moves rapidly upward, traders should expect the possibility of short-term profit-taking, consolidation or a pullback.

Therefore, the next question is not simply:

“Will STEEM go up?”

The more important question is:

“Can STEEM hold the breakout area and build a new support zone above the previous range?”

Key Levels to Watch

Based on the chart shown in the screenshot:

Resistance:
🔴 $0.03626–$0.03637

A decisive move above this zone could strengthen the short-term bullish structure.

First support:
🟢 Around $0.0359

This is close to the MA(7) shown in the chart.

Second support:
🟢 Around $0.0351–$0.0352

This area is close to MA(25).

Major short-term support:
🟢 Around $0.0348

This corresponds approximately with MA(99).

If STEEM maintains these higher levels while buying pressure remains positive, the current recovery could become more meaningful.