The $SEI /USDT pair has seen a strong upward movement, currently trading at $0.3390, reflecting a +22.96% gain in the past 24 hours. SEI has reached a high of $0.3450, signaling strong bullish momentum supported by high trading volume. The significant volume of 209.08M SEI indicates increased interest from traders and investors, pushing the price to new highs. SEI also saw a low of $0.2621 in the same period, suggesting that it has experienced a sharp recovery.
The chart shows a clear bullish trend, with SEI breaking through multiple resistance levels before consolidating near the $0.3450 range. While the current price has slightly retraced, it is hovering around $0.3390, indicating a potential for consolidation before another upward move. If SEI breaks above $0.3450, the next target could be around $0.3486. On the downside, key support can be found near $0.3227, which could act as a potential re-entry point for traders looking to buy the dip.
With this strong price action, SEI is positioned as one of the hot coins of the day, showing signs of sustained bullish momentum. Traders should keep an eye on the volume and price movement as the market tests these key levels, while being cautious of potential short-term corrections.
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