Technical Analysis Report for $SEI /USDT;
The $SEI /USDT chart shows a strong upward momentum, with the price jumping to $0.4809, reflecting a solid 12.89% increase within the last 24 hours. The high of $0.4848 suggests bullish pressure, making it a critical resistance level to monitor. If this level is broken, it could pave the way for further gains.
On the downside, traders should keep an eye on the $0.4511 zone as immediate support. A potential breakout above $0.4848 may offer a promising opportunity for long positions, while a pullback to the support could open up short trade options. With volatility increasing, traders should act strategically, as the market signals the potential for quick moves in either direction.
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