$SEI token surges nearly 10% in 24 hours, breaking key resistance levels and proving once again why traders say "markets move faster on SEI."
SEI just delivered what traders live for - a clean 10% pump in one day that caught the market's attention. Trading around $0.3408 on Binance, the token bounced hard off support and is now testing resistance levels that could unlock even bigger moves.
✨The Technical Picture
As Gohan pointed out, this kind of explosive price action is exactly what makes SEI a favorite among momentum traders.
The 15-minute chart tells the whole story. SEI found solid footing at $0.33, right where the 99-period moving average was waiting to provide support. That level held like a rock, giving bulls the confidence to push higher. Volume exploded to nearly 900K, which is exactly what you want to see when price breaks out - it confirms this isn't just a fake move.
The surge came after weeks of accumulation between $0.31-$0.33, setting up the perfect launch pad for today's breakout. This wasn't random - the setup was there for anyone paying attention.
✨What's Driving the Rally
Three key factors are powering this move:
Smart Money Accumulation: The $0.31-$0.33 zone saw serious buying, creating the foundation for today's breakout
Momentum Trading: SEI attracts traders looking for fast-moving assets, and word spreads quickly when it starts pumping
Altcoin Rotation: While many altcoins struggle, SEI is showing real strength and outperforming most of its peers
Support is holding strong at $0.33 where the moving average continues to act as a safety net. The big test comes at $0.35 - that's the psychological barrier everyone's watching. If SEI can punch through there cleanly, the next stop could be $0.38-$0.40, which would represent another 15-20% gain from current levels.
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