Binance Technical Analysis: SEI/USDT - Bullish Momentum with Key Targets 🎯
As SEI/USDT continues to show strong bullish momentum, up by +15.76% in the last 24 hours, let's dive into the technical analysis and outline three key price targets for the upcoming trading sessions.
🔹 Current Price: $0.5017
🔹 24h High: $0.5040
🔹 24h Low: $0.4199
🔹 24h Volume: 144.24M SEI / 65.81M USDT
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Key Support and Resistance Levels:
1. Immediate Resistance - $0.5040
The price is nearing the 24h high at $0.5040, which has acted as a resistance level in recent hours. If the price can break and hold above this level, we could see further bullish continuation towards the next target.
2. Target 1 - $0.5150 🎯
Based on current price action, a break above $0.5040 could open the door to $0.5150. This level is seen as the next psychological barrier for traders. Watch for bullish signals or a confirmed breakout for a potential move towards this target.
3. Target 2 - $0.5300 🎯
Should the price continue its upward trajectory, $0.5300 stands as a key resistance level, aligning with Fibonacci retracement levels and previous support zones. A push past this level could signal a continuation to higher price levels.