SEI: Ready for a Comeback or Another Dip? šš¤
$SEI has been quietly making moves, currently sitting at $0.2962, showing signs of recovery with a solid 4.66% pump today. The 7-day moving average (MA) crossed above the 25-day MA, which is a bullish indicator! š However, the 99-day MA still lingers at $0.33, acting as a looming resistance. The battle to break above that line will be crucial.
With volume at 58.84M, it seems like thereās some fresh interest in SEI, but is it enough to break through the downtrend thatās been in place since May? The volatility is high at 81.33%, so we could see some sharp moves either way.
For now, SEI is showing potential, but it needs a clear breakout above the $0.33 mark to confirm a full reversal. Keep an eye on those resistance levels, and be prepared for some choppy waters. š If youāre bullish on SEI, now might be the time to start watching closely. š
Do you think SEI will rise from the ashes? Comment below and share your thoughts! š And donāt forget to hit that subscribe button for more updates! š¬
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