Technical analysis should be taken with a grain of salt given our current market conditions. The uncertainty surrounding South Korea's regulations for investors and exchanges is likely what caused the price to tumble below the support line and will likely determine the movement of STEEM and SBD in the short-term. However, I'm still happy to see some recovery, and I believe that the Steem platform will continue to have positive momentum in the future due to it being a pioneer of integrating cryptocurrencies with social media as well as its rapidly increasing adoption rate.