📊 SEI/USDT Market Update – Bullish Momentum Building?
Hey #BinanceFamilly 👋
SEI is showing some serious signs of strength today! 🚀
Currently trading at $0.2895 (+11.78%), it's bounced back impressively after hitting a local low of $0.2455. The 4Hour chart is giving some interesting signals that might excite both short-term and swing traders:
🔍 Key Observations:
EMA Crossover: EMA(7) > EMA(25) > EMA(99) = Bullish trend confirmation 🔼
MACD: Histogram starting to reduce red volume, signal lines look ready for another bullish cross 📈
RSI: At 64 – just below overbought, still room for momentum
Stochastic RSI: Curling upward, suggesting renewed buying interest
💡 My Strategy
I entered around $0.266 support after seeing the EMA(7) bounce. My next resistance watch is around $0.305, and if it breaks, we may revisit $0.335 highs.
📌 Risk Tip: Always use a stop-loss – crypto moves fast.
📣 Let me know your SEI game plan – holding, buying, or waiting?
