Detailed Technical Analysis of SEI Coin

Current Price: $0.1870

1. General Trend

The coin is undergoing a short-term downward corrective phase after failing to hold above $0.20.

It is currently trading near a strong support area, which makes it in a potential accumulation phase.

2. Support and Resistance Levels

Strong Support: 0.1875116561567 (Previous bounce area + psychological support)

First Resistance: 0.19575116561567 (Previous rejection level)

Next Resistance: 0.2175116561567 (Previous peak and psychological resistance)

3. Technical Indicators

RSI: Around 43 → Indicates moderate selling pressure but has not reached oversold levels.

MACD: Still below the signal line but shows a slowdown in downward momentum.

4. Future Outlook