Analysis of currency $SEI and trading recommendations
Current SEI price: $0.259 with a daily trading volume of $102 million. The currency shows excellent growth potential as a Layer 1 platform specialized in fast trading.
Entry points:
Strong support at $0.24-$0.25
Wait for a rebound from the 50-day moving average (current trend is upward)
Exit points:
Resistance at $0.27-$0.28 (short-term)
Medium target of $0.33 by the end of 2025
When trading volume rises abnormally
Analysis:
SEI competes with Solana in speed with outstanding technical performance, and the development of its infrastructure supports bullish expectations. Technical analysis is positive at 63% with the fear and greed index at 70 (greed). Monitor the project's technical developments to confirm trends.
