$SEI Analysis

Current Price: $0.2702, reflecting a -0.0139 (-4.89%) change over the last 4 hours on Binance.

Price Trend: The price has experienced a significant upward movement recently, breaking above previous resistance levels after a period of consolidation and decline. This suggests a potential bullish momentum.

Volume: Trading volume has spiked, particularly in the latest 4-hour period (94.711M), indicating strong buying interest and supporting the price increase.

Moving Averages (Volume SMA): The volume spike aligns with the price surge, reinforcing the strength of the current trend.

Historical Performance:

Today: +26.72%

7 Days: +46.50%

30 Days: +19.44%

90 Days: +29.20%

180 Days: -40.46%

1 Year: -22.79%

This indicates a short-term bullish trend within a longer-term bearish context.

Support and Resistance: The price has risen from a low of $0.1967 to a high of $0.2901 in the last 24 hours, suggesting a key support around $0.2500 and resistance near $0.2900.

Analysis: The recent price surge, supported by high volume, suggests a potential short-term bullish trend. However, the longer-term data (180 days and 1 year) indicates caution, as the asset has been in a downtrend. Traders might consider watching for a sustained break above $0.2900 with volume confirmation for a stronger bullish signal, or a drop below $0.2500 as a bearish indicator.