$SEI

📉 SEI/USDT Market Update 📉

SEI is currently trading at $0.2917, down -3.28% in the last 24 hours. The price slipped from the daily high of $0.3042 and is now consolidating near the $0.29 support zone.

Support: $0.289 – $0.263 (previous bottom)

Resistance: $0.318 – $0.348

Moving Averages:

$0.3118 (above price, showing bearish pressure)

$0.3095

$0.2682 (long-term support holding strong)

📊 Market Sentiment:

The recent dip suggests sellers are active, but SEI is still above its long-term MA99 ($0.268), meaning the broader trend is intact. If buyers defend $0.29 support, we could see a bounce toward $0.318. However, a break below $0.289 might retest the $0.263 zone.

Takeaway:

SEI is in a short-term downtrend but remains in a long-term accumulation zone. Watch for volume spikes — they’ll decide the next move.

#sei#Market_Update