🔺 SEI$SEI

📊 Technical signals:

• Price has surpassed MA50 and MA200 on H4 and Daily timeframes — confirming a bullish reversal trend.

• Breakout volume increased by 2.5x, according to data from Binance Futures.

• RSI + MACD are both in agreement with the upward direction.

📣 Ecosystem signals:

• SEI is preparing to launch the Sei v2 update (August Update), focusing on improving block times & cross-chain messaging.

• The number of integrated DApps has increased by over 30% in 2 months.

• Capital from Asian funds is returning to SEI as the price remains low compared to ATH ($0.30 vs ATH $0.95).

🎯 Price target for August:

• Resistance: $0.36 → if surpassed, target $0.41–0.45

• Support: $0.31