#SEฤฐ
Trade now. . bull Run confirmed โคโคโค๐๐๐๐๐๐๐ค
๐พ๐๐ฃ ๐๐๐ ๐๐ง๐๐๐ ๐๐๐ฉ $1? 7-๐๐ค๐ฃ๐ฉ๐ ๐ฟ๐ค๐ฌ๐ฃ๐ฉ๐ง๐๐ฃ๐ ๐ฝ๐ง๐๐๐ ๐จ ๐๐จ ๐๐ง๐๐ฃ๐จ๐๐๐ฉ๐๐ค๐ฃ๐จ ๐๐ง๐๐ฅ๐ก๐
๐๐ด๐ธ ๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐ ๐ ๐๐๐๐๐-๐๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐ ๐๐๐ ๐ 28% ๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐ข๐, ๐๐ ๐๐๐๐๐๐๐ ๐๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ข ๐๐๐๐๐ ๐๐๐๐ ๐ ๐๐๐๐๐ข ๐๐ $1 ๐๐ ๐๐๐๐๐๐๐๐.
SEI price has been on a notable uptrend in the last seven days, outperforming most coins with a 28% rally that broke it out of a seven-month downtrend. However, today, June 28, the SEI rally is showing weakness as the price trades at $0.286 with a slight 2.95% decline in 24 hours. Despite the dip, on-chain data remains strong, with daily transactions surging three times this quarter, causing speculation about whether the price could reach $1
SEI price has been trading within a descending channel since November 2024, and after massive gains in recent days, it has formed one of its biggest weekly green candlesticks in over a year. This candlestick saw the price break out of a downtrend that has been going on for seven months, with bulls now targeting more gains.
The RSI supports the upward breakout after it crossed above the mean value of 50 to show that the momentum has finally shifted to bullish for the first time since the end of 2024. However, SEI price may not be out of the woods yet because this metric has to create a higher high to confirm the strength of the upward trend.
If buying pressure continues to increase, the next target after this weekโs bullish candle is the 61.8% Fibonacci level at $0.50. As CoinGape recently reported, a rare pattern also supports that SEI may surge to this level.
