While the whole of the encrypted market was under pressure, SEI came out of a wave of reversals. According to foreign sources, the coin rose by more than 9 per cent at a time, and the amount of the exchange was significantly amplified, indicating a recovery in short-line purchases. However, in the longer term, SEI remains under greater pressure, and the continuation of this recovery remains to be seen.

There's a backlash on the big plate.

It was mentioned that global risk asset sales, driven by the Science and Technology Unit, continued, and the encryption market was hampered. Bitcoin once fell by $60,000, and the market volatility increased. Against this background, SEI rose to about US$ 0.057, and the single-day trade increased to more than US$ 61.26 million, indicating a short-line return of funds.

SEI experienced a rapid fall of about 37 per cent this month, and then prices went into a slow-up route, with higher and lower stages. As far as the short-line structure is concerned, this usually means that the rebound is being restored.

0.065 to 0.078 as critical resistance

However, according to the article, the area of resistance above remains clear. The SEI is approaching the intensive trade area of 0.065 to 0.078, which is close to 0.08 and where the previous sales were concentrated.

According to external sources, similar rebound structures have appeared in the past, but prices have suffered a marked fall before and after approaching critical resistance and have failed to achieve a breakthrough. In other words, even if the short-line movement improves, SEI may first develop a new stage of heights and then revert.

  • Current area of concern: 0.065 to 0.078
  • Threshold for further recognition of strength: 0.08 on station
  • If the breakout fails, the price or continue to sort.

Dynamic energy indicators are stronger but still need to be measured.

In terms of technical indicators, it is mentioned that the relatively strong and weak index RSI continues to move up, showing an increase in the purchasing drive; the financial flow indicator CMF also rises to above the zero axis, reflecting that liquidity is returning to the asset.

However, this type of signal further indicates that short-line repairs are under way and are not sufficient to independently identify the reversal of the trend. According to external sources, if SEI is not able to make an effective breakthrough of $0.08 with a combination of utilisation, the price may remain in a narrow sorting area, and a larger upswing will be delayed.