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🚨 $SEI Update: Signs of Life After the Drop 👀
Current Price: $0.1386 (+1.01%)
After falling from 37 cents down to nearly 9 cents, SEI has been through the wringer. But if you look at the recent action, something's changing.
What I'm Watching
The price is hanging right around 13.5 cents and testing that middle band (the orange line on the chart). This is basically the market's "neutral zone." If we can push above 14 cents and hold it, the next level to watch is around 14.5 cents.
The Momentum Shift
That RSI indicator at the bottom? It just crossed above 54—meaning buyers are starting to outweigh sellers for the first time in a while. Nothing crazy, just a subtle shift in the wind.
And check out the volume bars: we saw decent buying activity during those recent dips to 11 cents. When prices drop but people keep buying, that's usually the panic sellers running out of steam.
My Take
Every coin needs to cool off sometimes—SEI definitely did. But now that we're consolidating in this range, the heavy selling pressure looks exhausted.
For those building positions, these calmer periods often offer better opportunities than trying to catch a moving train. Of course, that's just observation—you've got to make your own calls with your money.
Keep an eye on that 13.5 to 14 cent zone. A clean break above could set up the next move.
📊 Chart: 1D timeframe showing the recovery structure
#SEI #SEIUSDT #CryptoTrading #Gateio #DecemberMarketOutlook