📊SHORT: $SEI (12H)

#SEIUSDT | #SEI | #Sei

Current Price $0.357

Market Cap $1.16B

Change 1h -2.32% | 24h -3.61%

Daily Indicators:

• RSI: 51 - Neutral 🟠

• MACD: 0.00 - Bullish 🟢

• EMA: 0.36 - Above 🟢

Analysis:

SEIUSDT is currently trading at $0.3715 and shows a bearish trendline with declining peaks. This signals a potential downtrend from the earlier highs, suggesting a continuation of the bear market. Keep an eye on this trendline breakout to signal any potential reversal.

Price Targets:

If the downtrend continues, look for support around $0.3343 and $0.2092. For bullish targets on a breakout, resistance is noted at $0.5140. Trading at these levels will be crucial for determining SEI’s next move.