$SEI
SEI is currently trading at $0.4707, consolidating near a critical support level, indicating a potential breakout.
Key Levels to Watch:
Support: $0.4650 – It's vital for SEI to hold above this level to avoid further declines.
Resistance: $0.4800 – A breakout above this could push the price towards $0.5000, a significant psychological level.
Trade Strategy:
Bullish Setup: If SEI stays above $0.4650, watch for a breakout above $0.4800 with strong volume, aiming for $0.50–$0.52.
Bearish Scenario: A drop below $0.4650 could trigger selling pressure, targeting $0.4500.
SEI is at a critical juncture—monitor volume and price action for potential trades.