$SEI Coiling Up – Breakout or Breakdown Next?

$SEI is trading at $0.3020, climbing +6.26% on the day. Price is consolidating within a tight range just below resistance, hinting at an imminent move.

Key Levels to Watch:

• Resistance Zone: $0.3035 – $0.3055

• Support Zone: $0.3000 – $0.2970

Bullish Scenario:

A push above $0.3055 could ignite further upside momentum:

• Target 1: $0.3085

• Target 2: $0.3130

Bearish Scenario:

Rejection and a break below $0.3000 may drag price to:

• Target 1: $0.2960

• Target 2: $0.2925

Volume is steady, but directional conviction is lacking. Traders should wait for breakout confirmation before entering.

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