SEI Eyes Breakout at Key Resistance Level $0.23
- Price Trend Analysis: SEI is currently trading at $0.1166, reflecting a 4.2% rise in the last 24 hours and a 5.8% gain over the past week, indicating active market interest despite remaining below the 50-week simple moving average resistance at $0.23.
- Support and Resistance: The $0.11 level serves as a short-term support; failure to hold here may lead to downward pressure, while a breakout above $0.23 could trigger a strong rally, potentially changing the long-term trend.
- Short-Term Trading Structure: SEI is forming a five-wave structure, with an expected move to $0.1189, where selling pressure may emerge; traders have set a short trade at this price point with a stop-loss at $0.1210 and a target at $0.1154.
- Future Focus Points: The market will closely watch for a breakout at $0.23; a successful close above this level may open pathways to higher price ranges, with previous target levels at $0.65 and $0.95.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for SEI
Technical Sentiment Analysis for Sei (SEI) As of , Sei (SEI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SEI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SEI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sei (SEI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0318 | 0.0487 | 0.066 | 0.0829 | 0.1 | 0.117 | 0.134 |
| Fibonacci | 0.0487 | 0.0618 | 0.0699 | 0.0829 | 0.096 | 0.104 | 0.117 |
About SEI
About the author
