Technical Analysis for SEI Coin:
✅ Support Areas:
1. 0.2737 — Very close support at the short-term average (MA25), the price is currently resting on it.
2. 0.2525 — Important previous support before the big rise.
3. 0.2312 — Strong cumulative support from previous candles.
✅ Resistance Areas:
1. 0.2901 — Highest peak in the last 24 hours, current direct resistance.
2. 0.2950 — Previous peak on the chart (tested but not broken).
3. 0.30 — Important psychological level, expected to be strong resistance.
📈 Will the coin rise?
Positives:
The price is above the averages (MA7, MA25, and MA99), which is a bullish signal.
Momentum in RSI is good (55.1) and has not reached overbought conditions yet.
Very strong trading volume (clear volume in the recent green candles).
Negatives:
The price's proximity to strong resistance at 0.29 may cause a temporary rejection.
If it breaks support at 0.2737, it may return to test 0.2525.
📉 Trading Advice:
Do not enter a direct buy now, wait for:
Either a clear break of the 0.2901 level (entry after with a target of 0.30+).
Or a drop towards support at 0.2525 (buying at it with a stop loss below 0.2310).
