🚀 SEI – Accumulating in preparation for a new wave?
SEI after the bounce up to the 0.3573 range has had a correction and is currently moving sideways around 0.344x.
• Short term (15m – 1h): The RSI indicator has bounced from oversold, but the MACD still gives a correction signal. There is a possibility that SEI will test the support at 0.338 – 0.340 again.
• Medium term (4h – 1D): The uptrend is still maintained, EMA7 > EMA99, buying volume is overwhelming. If it holds above 0.333, the uptrend is still strong.
• Long term (1M): SEI is still declining significantly compared to the old peak of 1.1450. If the overall market is favorable, the target could be aimed at 0.45 – 0.50 in a large recovery wave.
📌 Important levels:
• Support: 0.338 – 0.333
• Nearby resistance: 0.357 – 0.365
• Distant resistance: 0.38 – 0.40
👉 Avoid FOMO at the short peak. If it breaks through 0.357, the possibility of extending the wave to 0.38 – 0.40 is quite high.