đ **Crypto News Flash: SEI Token Soars 25%!**
Sei, the layer-1 blockchain for high-frequency crypto trading, saw its native token SEI skyrocket over 25% in the last 24 hours! đ
- **Price Surge:** SEI jumped from $0.366 to $0.471, its highest since June 12.
- **Market Cap:** Now at $1.6 billion, making it the 59th largest digital asset globally.
- **Trading Volume:** Daily volume surged 187% to $523 million.
- **Investor Activity:** Daily open interest up 34.4% to $170.3 million.
**Technical Indicators:**
- **Bollinger Bands:** SEI broke the upper band at $0.4503.
- **Directional Movement Index:** Rising +DI, falling -DI, and climbing ADX suggest strong bullish momentum.
- **Resistance & Support:** Watch the $0.50 mark as the next resistance. Overbought RSI at 74 hints at possible near-term correction; key support at $0.3224.
**Liquidation Levels:**
- **Downside:** $0.454 could liquidate $494.47K in long positions.
- **Upside:** $0.475 might liquidate $3.44 million in short positions.
**Join the Discussion!** What are your thoughts on SEI's rally? Comment below! đ
