$SEI signals a strong BUY opportunity! The SuperTrend indicator turned bullish just as the price hit the channel's lower edge, suggesting a possible climb toward $0.54. Over the past 24 hours, SEI edged up by 1.22%, trailing the crypto market's 1.58% rise, following a 6% dip this week. This upward shift seems driven by a technical recovery, ecosystem progress, and market optimism.
- Network Boost: Binance reopened SEI deposits and withdrawals after a successful upgrade, improving liquidity.
- Regulatory Lift: The SEC’s clearer stance on staking has lifted DeFi spirits, matching SEI’s institutional appeal.
- Technical Recovery: The price rebounded near the $0.265 support level, with RSI (44.91) indicating a relief from oversold conditions.
#SEI #Crypto #DeFi #Trading