🔺 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