It might drop again but it might not @tarazkp.
If it holds $0.40 USD and even increases again, the momentum might kick in and then things could start moving really fast.
The next 3 to 4 days should be very revealing. If the next close is lower then $0.40 USD you are probably right, but I am watching with enjoyment to see if it holds or goes back to a pattern of consolidation.
I don't mind either way at this point as I would be happy to buy a little more in the coming weeks so... 20 cents? :D
I'd be happy to buy more too @tarazkp, I just got a little excited with the recent momentum since I am finally close to my goal of 3,000 Steem.
If the price continues to trade sideways or even downward, I am willing to lapse 3,000 SP assuming I have the funds required.