* **Current Trend and Momentum:** The price ended its downtrend by forming a major bottom at $0.03819, followed by a strong bullish reversal supported by a significant surge in trading volume.
* **Moving Averages:** The price ($0.07174) successfully broke above the 25-day ($0.05733) and 99-day ($0.04847) moving averages, stabilizing above them to confirm a positive shift in market structure.
* **Key Support Levels:** The $0.057 and $0.048 levels now act as crucial support zones to protect the uptrend during any potential correction.
* **Mid to Long-Term Targets:**
* First Target: Overcome immediate resistance and sustain above $0.080.
* Second Target: Reach the previous resistance level at $0.113.
* Strategic Target: Revisit the previous peaks ranging between $0.139 and $0.164.
#Sei #SEI/USDT
* **Moving Averages:** The price ($0.07174) successfully broke above the 25-day ($0.05733) and 99-day ($0.04847) moving averages, stabilizing above them to confirm a positive shift in market structure.
* **Key Support Levels:** The $0.057 and $0.048 levels now act as crucial support zones to protect the uptrend during any potential correction.
* **Mid to Long-Term Targets:**
* First Target: Overcome immediate resistance and sustain above $0.080.
* Second Target: Reach the previous resistance level at $0.113.
* Strategic Target: Revisit the previous peaks ranging between $0.139 and $0.164.
#Sei #SEI/USDT
