$SEI I is back at the level that capped it for a week 👀
After topping at 0.0850 on Sep 28 and dropping to 0.0680 on Oct 3, SEI has recovered to ~0.0741. On the 4h, EMA 9 just crossed back above EMA 21. Sei also shipped its Mainnet v6.6 upgrade today.
But price is now right under 0.0750–0.0760, where it stalled multiple times before.
🔺 Resistance: 0.0750–0.0760 → 0.0800
🔻 Support: 0.0720–0.0735 (EMAs + 24h low) → 0.0680
✅ Bullish case: 4h close above 0.0760 → 0.0800 next
❌ Bearish case: loses 0.0720 → back toward 0.0680
Best risk/reward is near support, not right under resistance.
Breakout or another rejection? 👇
⚠️ Not financial advice. DYOR.
#SEI/USDT #Layer1 #CryptoAnalysis"
After topping at 0.0850 on Sep 28 and dropping to 0.0680 on Oct 3, SEI has recovered to ~0.0741. On the 4h, EMA 9 just crossed back above EMA 21. Sei also shipped its Mainnet v6.6 upgrade today.
But price is now right under 0.0750–0.0760, where it stalled multiple times before.
🔺 Resistance: 0.0750–0.0760 → 0.0800
🔻 Support: 0.0720–0.0735 (EMAs + 24h low) → 0.0680
✅ Bullish case: 4h close above 0.0760 → 0.0800 next
❌ Bearish case: loses 0.0720 → back toward 0.0680
Best risk/reward is near support, not right under resistance.
Breakout or another rejection? 👇
⚠️ Not financial advice. DYOR.
#SEI/USDT #Layer1 #CryptoAnalysis"
