đ After a massive move from $0.1582 to $0.3359, SEI is now pulling back.
The question is: Is this just a breather or the start of a deeper correction?
Letâs break it down đ
đ Daily Chart - SEI/USDT (July 2025)
đ» Current Price: $0.2766 (-2.36% today)
đ Recent High: $0.3359
đ° Nearest Support: EMA25 at $0.2428
đ Key Moving Averages:
EMA7: $0.2770 â price currently testing this
EMA25: $0.2428 â potential support
EMA99: $0.2281 â critical level for trend structure
đĄ RSI (6): 56.43 â Neutral zone, but showing declining momentum
đ Volume: dropping on red candles â fading buying interest
đĄ What does it suggest?
SEI is likely entering a consolidation or minor pullback phase
Holding above EMA7 is positive, but losing EMA25 could trigger more downside
A revisit to the $0.22â$0.24 zone is on the table if weakness continues
đ Is it time to DCA?
â If you believe in the SEI long-term narrative, starting small DCA entries here might be reasonable
â ïž But with momentum fading, itâs safer to wait for confirmation â a bounce or strong support candle â before scaling in heavier
đ§ Strategy Recap:
Short-term: caution â price showing indecision
Mid/long-term: still bullish above $0.22
DCA: valid if approached with patience and good risk management
đ This is not financial advice. Always DYOR before investing.