$SEI
Technical Analysis:
1. Daily Chart (1D):
Price: $0.2016, trending below the 99-day MA ($0.2128), showing medium-term bearish pressure.
Moving Averages:
MA(7) = 0.2102 (short-term)
MA(25) = 0.1928
MA(99) = 0.2128
Price is between MA(25) and MA(99), suggesting a retest or correction after a recent uptrend.
Stoch RSI: Around 25.97, nearing oversold territory, indicating possible bounce if supported.
2. 15-Minute Chart:
Price: $0.2017
Stoch RSI: Overbought at 96.54, signaling potential short-term pullback.
Price has bounced from 0.1982 (intraday low), showing a minor recovery, but faces resistance near 0.2045 and the 99 MA (0.2024).
Key Levels:
Resistance: $0.2045 (intraday high), $0.2128 (99 MA daily)
Support: $0.1982 (local low), $0.1928 (25 MA daily)
Conclusion (Technical):
Short-term: Slight bullish momentum, but overbought conditions could cause a pullback.
Medium-term: Mixed signals. Watch for a breakout above $0.2128 or a breakdown below $0.1928.
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Fundamental Analysis (General Context):
You also uploaded two documents. If those include project updates, tokenomics, news, or partnerships, that could affect fundamentals. Please confirm or share key details.
But generally for SEI, consider:
Blockchain Layer 1: Competes with Solana, Avalanche.
Strong backing: SEI Network has decent VC interest.
Recent activity: If SEI has any new partnerships, mainnet updates, or token unlocks—these will significantly impact price.
Market sentiment: Altcoin market is currently sideways. If BTC/ETH remain flat or bearish, SEI could consolidate.
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Final Verdict (Signal Confirmation):
Technically: This is not a strong buy signal yet. It needs a clean breakout above $0.2045–$0.2128 with volume.
Fundamentally: Neutral until more data (news/development roadmap/tokenomics) is confirmed.