#SEI Price Update & Technical Analysis in a 2-Day Timeframe

12 Sep

Hello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:

In our previous update on SEI, we mentioned the support/accumulation range and the invalidation point. SEI held the support as expected and rebounded by up to 80% from the low.

Currently, SEI is facing resistance in the $0.30 to $0.35 range and must break above this level to initiate a bullish rally.

Key Observation:

- Crucial Resistance: $0.3 and $0.35.
- Accumulation/Support: $0.227 to $0.280.
- Target: $1.
- Invalidation: A close below the support level.

DYOR, NFA.

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