$SEI – Strong Reversal or Dead Cat Bounce?

🔹 Current Price: $0.2904

📈 24h Change: +8.72%

📉 Low: $0.2455 | 🔼 High: $0.2989

📊 Volume Surge: SEI (465M) | USDT (126M)

$SEI just staged a sharp intraday comeback, recovering impressively from a low of $0.2455 and now clocking a +12.51% daily gain! This move also lifts its 30D growth to 27.09% and 90D rally to 51.72%, reaffirming bullish sentiment around Layer 1/Layer 2 optimism.

🔍 What to Watch:

While the green candles are exciting, the Order Book still shows 57.87% sellers, indicating that bears haven't left the building. A breakout above $0.30 could validate momentum, but rejection at that level may trigger pullbacks.

💬 Investor Advisory:

Treat this recovery as a speculative bounce unless volume sustains above $0.30 with strong buying confirmation. Entry here carries risk — so monitor RSI and MACD closely.

📌 Not financial advice. Trade wisely.

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