SEI Closes the Week with a Robust Candle as Initial Uptrend Indicators Emerge
Market Performance: SEI is showing early signs of an uptrend with a strong weekly candle, holding near $0.13 and forming higher lows above key support levels despite short-term declines.
Price Conditions: The price fluctuates between $0.1286 and $0.1549, with a current trading volume of $161.96 million and a market cap of $830.69 million, indicating active intraday movements.
Network Activity: The SEI network is experiencing growth with increased development activity and stable transaction trends, contributing to a positive outlook for the ecosystem.
Derivatives Market Behavior: There is a rise in derivatives engagement with trading volume climbing significantly, while long positions dominate liquidations, suggesting strong trader confidence in SEI's future performance.
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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 6 technical signals, shows that 3 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 | 0.036 | 0.0509 | 0.0659 | 0.0808 | 0.0958 | 0.111 | 0.126 |
| Fibonacci | 0.0509 | 0.0623 | 0.0693 | 0.0808 | 0.0922 | 0.0992 | 0.111 |
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