$SEI is ripping, but the volume is not screaming breakout yet 👀
Up 15% to $0.0660, with $12.11M traded. The sharper signal is the 4h move: +13.4%, while volume is only 1.2x its 20-day average.
That matters.
Price is now 95% up its 30-day range and just 2% below the 30-day high. RSI sits at 74, and futures funding is positive at 0.010%, so longs are paying to stay crowded.
Even $BTC strength isn’t the whole story here. @SeiNetwork is holding above both the 20d and 50d MAs, but this is exactly where chasing gets punished. At $0.0660, I’d wait for a retest, not market-buy the green candle ⚠️
Would you enter $SEI here or wait for a retest? 🔥
#Sei #Layer1 #Altcoin
Up 15% to $0.0660, with $12.11M traded. The sharper signal is the 4h move: +13.4%, while volume is only 1.2x its 20-day average.
That matters.
Price is now 95% up its 30-day range and just 2% below the 30-day high. RSI sits at 74, and futures funding is positive at 0.010%, so longs are paying to stay crowded.
Even $BTC strength isn’t the whole story here. @SeiNetwork is holding above both the 20d and 50d MAs, but this is exactly where chasing gets punished. At $0.0660, I’d wait for a retest, not market-buy the green candle ⚠️
Would you enter $SEI here or wait for a retest? 🔥
#Sei #Layer1 #Altcoin