$SEI

#SEI Short - term bullish signals 🚦🫂

⏫The chart shows a significant upward movement in the price of SEI/USDT, with a 15.67% increase. The Relative Strength Index (RSI) is at 88.0928, which is above 70, indicating overbought conditions and potential for a reversal. However, the moving averages (MA) are trending upwards, suggesting a bullish trend.

〽️Considering these factors, the overall sentiment of the chart is bullish, but with a warning sign of potential overbuying. It is essential to monitor the chart closely for any signs of reversal or consolidation before making investment decisions.