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đ Why Is SEI Pumping? đȘ
Detective Catz pointed out that many people have set sell limits at $0.2 for SEI, which is why the price has struggled to break through that barrier. However, he hinted that with more time, SEI could push past this psychological resistance.
Altcoin Dispatch provided a technical analysis indicating SEI is breaking out of its supply zone around $0.19. He believes this breakout could fuel a pump to $0.28 based on his chart analysis.
SEIâs recent price breakout and 28% single-day spike suggest traders see its potential to lead this high-demand space as other Layer 1s have failed to fully support DEXes. SEI could be on its way to cementing dominance as the goto Layer 1 for decentralized exchanges.
$SEI #dyor #Binance
Detective Catz pointed out that many people have set sell limits at $0.2 for SEI, which is why the price has struggled to break through that barrier. However, he hinted that with more time, SEI could push past this psychological resistance.
Altcoin Dispatch provided a technical analysis indicating SEI is breaking out of its supply zone around $0.19. He believes this breakout could fuel a pump to $0.28 based on his chart analysis.
SEIâs recent price breakout and 28% single-day spike suggest traders see its potential to lead this high-demand space as other Layer 1s have failed to fully support DEXes. SEI could be on its way to cementing dominance as the goto Layer 1 for decentralized exchanges.
$SEI #dyor #Binance
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