This coin was in a correction phase for a long time after an incredible jump, and with the growth of the market, the correction ended and started to climb with a ceiling and successive claps... Now we expect ATH from it because its trend is well rounded and the currency itself has a high growth potential, so you can buy one step according to the start of growth and buy again if it corrects.
While the crypto market has seen some incredible gains, not every token is rising. These ten tokens struggled the most over the past 7 days, showing the biggest losses in the market.
SEI/USDT Technical Analysis: Watching Key Levels for a Breakout
The SEI/USDT pair is currently trading at $0.6911, presenting a key moment for traders as it approaches critical levels. Here's the breakdown of the current technical scenario:
💡 Support & Resistance Levels:
Support Zone: $0.6800 - A strong support level where the price has bounced before, indicating solid buying interest.
Resistance Zone: $0.7100 - A critical resistance level that has capped upward momentum, making it a key point to watch.
📈 Market Insights: SEI has been consolidating between $0.6800 and $0.7100, and the price is currently testing the lower range. A successful break above $0.7100 could trigger a rally, while a failure to hold support at $0.6800 may lead to further downside.
📊 Trading Strategy:
For Bulls: Look for a breakout above $0.7100, signaling a potential move toward $0.7400 or higher.
For Bears: A break below $0.6800 could provide opportunities to enter short positions, targeting $0.6500.
For Range Traders: Buying near $0.6800 and selling near $0.7100 could offer low-risk opportunities within the established range.
With SEI at a key juncture, monitor these levels closely for the next big move. Stay disciplined with your entry and exit points, as volatility could rise with a breakout or breakdown.