COMMENT
Seems like the price is going towards the 0.00045 target.
The level it is on now does have some historical significance so I'm not excluding the possibility of a pump from here, but from the look of the actions now it can still get pushed that tiny bit further down. Furthermore this are the last levels of support, making those good trading levels.
RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #70, "When losers say it's over with you know that it's a lie" Oct. 10, 2016.