$SEI

We observe that it continues in an uptrend. Currently, the price has entered the buying zone, serving as a strong indication for implementing the Dollar Cost Average (DCA) strategy or, in other words, purchasing at the average price.

Trend: There is an upward trend on the weekly chart as we are above the 8-weekly moving average (blue line).

Momentum is in accumulation, suggesting a continuation of the upward movement in the coming weeks, as the RSI is above 50 (bullish).

Support and Resistance: The nearest support zone is between ≈ $0.55 and ≈ $0.63 (previous resistance). The closest resistance zone is at ≈ $0.78.