🚀 $SEI 4-Hour Chart Update: Key Levels to Watch! 📈
$SEI is currently trading around $0.0619 on the 4-hour timeframe[span_0](start_span)[span_0](end_span), maintaining its structure after testing the local low of $0.0577[span_1](start_span)[span_1](end_span). Let's break down the 4H market structure:
📊 4-Hour Technical Breakdown: • Trend & Moving Averages: Price is consolidating near the 4H EMA(20) at $0.0630[span_2](start_span)[span_2](end_span), trying to establish a firm base for a reversal. • Resistance Zone: Immediate overhead resistance stands at the $0.0630 - $0.0651 (Supertrend) zone[span_3](start_span)[span_3](end_span). • Momentum: Volatility is tightening, signaling a potential breakout or continuation move soon.
Despite short-term corrections, $SEI is still up over +37% on the 30-day timeframe[span_4](start_span)[span_4](end_span)! Are you holding your position or waiting for a 4H candle close above resistance? Share your strategy below! 👇