STEEM/USDT (4H) Technical Analysis:

✨It indicates that there is an identifiable downward trend line that has dated back since January. The price is recently showing potential buying sentiment as it has broken above the trend line area.
Such breakouts suggest that overall market selling pressure is lowered and buyers are trying to take control.
Ordinarily, after a breakout, a retest at the previous trendline is made along with a confirmation for a bullish move.

✨$0.180 (current breakout retest zone) - This is the most important level which needs to hold for the bulls to remain in for the action.
$0.150 - In case of a failed breakout, this is a deeper support zone. $0.200 - This is the most important level for prices to increase. It acts as a psychological resistance zone and further increases on the upside are capped here.
$0.250 - $0.300 – All these levels consider as base from where the price flips up in the chart later.

✨The price tends to sit on the breakout level which is very crucial which is at $0.18.
If bulls manage to hold this level, it acts as a great retest confirming area and makes it likely for prices to surge upwards and sit around $0.25.
Nonetheless, if the price does not manage to sustain a position over $0.18 and instead drops below the trend, then it may.

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