$SEI Market Update – Spot & Futures Trading Insights
Current Price: $0.2596 (+7.45%)
24H High: $0.2598 | 24H Low: $0.2321
24H Volume: 182.78M $SEI
Technical Overview
Bullish Momentum: $SEI has bounced from $0.2321 and is testing key resistance at $0.2600
Bollinger Bands: Price near the upper band – strong momentum but potential overbought conditions
MACD Crossover: Bullish signal, indicating possible further upside
Spot Trading Strategy
Buy Zone: $0.2450 - $0.2500
Resistance: $0.2600 → $0.2700
Stop-Loss: Below $0.2320
Take Profit: $0.2700 - $0.2800
Futures Trading Strategy (Leverage 5x-10x Recommended)
Long Entry: Breakout above $0.2600 with volume
Short Entry: If rejected at $0.2600, target $0.2400
Risk Management:
SL for Long: Below $0.2500
SL for Short: Above $0.2650
Market Sentiment
Short-term bullish, but long-term trend still recovering. Watch for a decisive breakout or rejection at resistance.
Trade smart, use stop-losses, and manage risk.