Crypto:
33918
Bitcoin:
$94.373
% 1.43
BTC Dominance:
%59.9
% 0.08
Market Cap:
$3.17 T
% 0.69
Fear & Greed:
50 / 100
Bitcoin:
$ 94.373
BTC Dominance:
% 59.9
Market Cap:
$3.17 T

SEI Analysis Update: Bullish Move and Key Levels

Sei

In our previous analysis, we mentioned that the break of the $0.26 resistance led to an impressive 11% increase in price. Currently, SEI/USDT is trading between the $0.26 support and the $0.30 resistance. The price action around these levels is crucial to determine the short-term direction of the asset.

Price Movement Between $0.26 Support and $0.30 Resistance

At the moment, the price is hovering between the $0.26 support and $0.30 resistance, forming a key range for price action. The $0.26 support level is critical for maintaining the current bullish momentum. If this level is broken, the price could head towards the FVG (Fair Value Gap) region below, which would act as the new support level. In this case, further downside movement may occur.


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Sei

On the other hand, if the price manages to break the $0.30 resistance, the next key resistance level will be found at the FVG region just above, which could trigger further upward movement. Breaking through $0.30 would indicate a potential continuation of the bullish trend, with higher targets to be tested.


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