$SEI /USDC Gears Up – Bounce or Breakdown Ahead?
$SEI is trading at $0.2856, showing a +1.82% uptick and reclaiming ground above key moving averages. It’s currently sitting just above the 99 EMA ($0.2859) with the 7 and 25 EMAs converging, indicating a potential squeeze before a breakout. A decisive move above $0.2888 could spark bullish momentum, while failure to hold above $0.2845 might trigger downside pressure.
🔹 Trade Setup
Entry: $0.2856
TP1: $0.2910
TP2: $0.2975
SL: $0.2810
📌 Breakout traders should wait for volume confirmation near $0.2888.