SEI price prediction – Will $0.3 resistance fall soon? Here’s what traders should know!

• Sei is likely to break out for a two -month range and accelerate over $ 0.3
• Market data data has shown that there is potential for short grip and high volatility

Be [SEI] Recently it has risen higher and has increased by 40.6% in the last 24 hours and 68% in the last week. This remarkable performance from the market ceiling of $ 1.5 billion altcoin He greatly overcame most of the tokens that were similar in size or with a larger market ceiling.

In fact, the price began to bounce from last year in the range of reports that the Sei network was selected by Wyoming Stable Token Commission as A Blockchain for wyst. If the bull sentiment persists, the range can be achieved.

Sei has been set to an explosion for a resistance of $ 0.3?

Source: Sei/USDT on TradingView

As emphasized, heavy shopping volume and strong and rapid impulse thrust meant that it may be likely that escape can be. A daily session close to a range of $ 0.275 would be an encouraging look for bulls.

Objezek cleaned his march high when the range was re -tested highly. The hike in shopping pressure could be an extremely positive sign waiting for investors to escape. RSI emphasized intense bull momentum, but did not write a divergence that could be followed by a price drop at the time of the press.

Source: Coinelysis

Open interest has increased by 71%over the last 24 hours.

This could be another sign of bull speculative sentiment of traders on the market. And yet the financing rate remained negative. This meant that short positions are valid for Longs – a bear sentiment and at the same time emphasize the expectations of the bear conversion.

Source: Coinglass

Finally, the thermal map of the disposal highlighted the thick pocket of liquidity to $ 0.29, which was recently swept. Meanwhile, short -term local support levels to $ 0.27 and $ 0.26 have seen long disposal accumulations. Therefore, the possibility of price immersion may be revised these magnetic zones.

The negative level of funding and the expectations of the bear reversal could cause liquidity for SEI that exceeds the price above $ 0.3. Short grip may be possible, but traders should be careful about volatility.

It doesn’t have to be the time of fomo in long or short positions, but somewhat good time to make Longs profit. A shift over $ 0.3 or a breakdown of below $ 0.26 could set another price move.

Resistance of liability: The information presented does not represent financial, investment, trading or other types of advice and are merely the opinion of the writer