$SEI Can SEI/USDT Go Up?

To estimate whether SEI/USDT can rise, let’s analyze the technical factors.

Current Market Insights

1. Support Level: SEI is currently trading near the $0.2735 - $0.2740 support zone.

2. Resistance Levels: The nearest resistance is around $0.2843 - $0.2914.

3. Order Book Strength: The buy side (bids) is 57.82%, indicating stronger buying pressure compared to selling.

4. Volume: The 24-hour volume is 199.09M SEI, showing significant market activity.

Potential Upside Targets

• If $0.2750 holds, SEI could bounce higher.

• The next resistance zone is $0.2800 - $0.2840.

• If it breaks $0.2914 (24h High), a strong bullish breakout could happen.

Trading Strategy

• Short-Term (Scalping/Intraday): Buy if $0.2750 holds, with a stop-loss at $0.2690.

• Swing Trading: Confirm entry if SEI breaks above $0.2800 for further upside.

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