🚀 $SEI /USDT is on fire!

Current price: $0.6337 (+20.68%)

24h High: $0.6501

24h Low: $0.5014

Volume soaring with 1.43B SEI traded!

RSI at 75 suggests strong momentum – keep an eye on potential overbought conditions. Stay ahead in the game! đŸ’č

SEI/USDT Signal

Trend: Bullish

The price has surged by over 20%, and the RSI indicates strong buying pressure (75.5 suggests overbought levels).

Resistance: $0.6501 (24h high)

A breakout above this level could signal further upside momentum.

Support: $0.6063 (4H moving average)

If the price retraces, this could act as a key support level.

Suggested Actions:

1. If Holding Long: Consider partial profit-taking near $0.65 while watching for a breakout.

2. For Entry: Wait for a pullback near $0.61-$0.60 for a better risk-reward entry.

3. Caution: RSI above 70 suggests the asset may be overbought, and a correction could follow soon.

Risk Management:

Stop-loss: $0.58

Take-profit: $0.67-$0.70

#Binance #CryptoTrading #SEI #Altcoins