đ¨ $SEI /USDT Analysis đ¨
The price of SEI/USDT is currently $0.2673, reflecting a significant drop of 11.23%. The recent high was $0.2971, but the price is trending downward, approaching a key support level at $0.2657. This steep decline indicates bearish pressure on SEI as it struggles to maintain any upward momentum.
Indicators such as moving averages show bearish alignment, with arrows pointing downward, suggesting continued selling pressure. The proximity to the $0.2657 support level implies a potential break lower if buyers don't step in soon.
For traders, a long trade could be considered above $0.2750, with targets at $0.2800. On the other hand, a short trade below $0.2657 may target $0.2600. Watching for further signs of momentum shifts is crucial.
