BTC BTC/USDT 4h Analysis: Price is consolidating around 94,700 after rejecting from 95,758 resistance. EMAs (7, 25, 99, 200) are stacked bullishly, indicating upward bias. Support holds at 93,600, resistance remains at 95,750. RSI(6) at 53.76 suggests neutral momentum. MACD is below signal with slight bearish divergence, caution advised. A breakout above 95,750 could trigger further upside, while a drop below 93,600 may test lower supports around 90,800.
SEI is trading at $0.2159, up 4.81% in the last 24 hours, showing strong bullish momentum. After bottoming out at $0.1301, SEI has been steadily climbing, forming higher highs and higher lows.
Key technical highlights:
SEI is currently trading above all major EMAs (7, 25, 99, and 200), with EMA(7) at $0.2140 and EMA(25) at $0.2062, reflecting a short-term bullish trend.
SEI recently broke above a local resistance near $0.2060, with the next resistance at $0.2226. A successful breakout above this could open the path to $0.2270+.
RSI (6) is at 59.59, indicating bullish strength while still leaving room for further upward movement.
MACD shows a positive crossover with MACD at 0.0009 and histogram turning green, signaling a shift toward upward momentum.
Strategy outlook:
Bullish bias as long as price holds above $0.2060 (EMA 25). A clean break above $0.2226 could trigger a run toward $0.23+. Watch for potential support at $0.1865 if price retraces.
Not financial advice. Do your own research before trading.
INITUSDT 4H Chart Analysis: The price of INITUSDT is currently trading at $0.6769, showing a -0.92% decline in the last 24 hours.
Key Observations: - EMA Cross: The 7-period EMA ($0.6741) has crossed below the 25-period EMA ($0.7335), indicating a bearish trend continuation. - Price Action: After peaking at $0.9870, INIT faced heavy selling pressure and is now attempting to stabilize near the $0.65–$0.68 support zone. - RSI (6) is at 42.52, signaling a neutral-to-slightly oversold condition. A further drop could create a short-term buying opportunity. - MACD remains in the bearish territory with the MACD line (-0.0123) below the signal line (DEA: -0.0259), showing sustained downside momentum.
Conclusion: INIT is currently consolidating after a strong drop. A decisive move above the EMAs could shift momentum bullish, while failure to hold current support may lead to a retest of the $0.61–$0.62 range.
Strategy: Watch for a breakout above the EMA(7) or bullish divergence in RSI/MACD for potential long entries. Until then, caution is advised.