🔴 $SEI Breaks Out — Is a Rally Toward $0.50 Next?
SEI has successfully reclaimed the 200-day moving average for the first time since early 2024. Closing above the $0.37–$0.38 range is a strong bullish signal, opening the door for a possible rally toward the key psychological level at $0.50.
🎯 Targets:
Target 1: $0.42
Target 2: $0.50
Target 3: $0.62
🛡️ Support Levels:
Short-term support: $0.34
Main support: $0.29
📊 Summary:
Trend reversal signs are becoming clear.
Volume is picking up—bulls are stepping in.
Watch for potential profit-taking near $0.50 if there’s no strong breakout above that level.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!