SEI Breakout: Bulls dey defend $0.0657, target $0.0694–$0.080
SEI price don shift back to bullish control after early-April support for $0.050–$0.052 form rounding bottom. The breakout gather momentum when $0.0563 flip from resistance to support, and small dip under $0.055 do behave like liquidity sweep.
For the latest move, SEI push toward $0.0694 with minimal 4-hour retracement. Rejection near $0.0694 carry price back to 38.2% Fibonacci support around $0.0657. Traders now dey watch $0.0657 as near-term strength test: if e hold above, e fit open door for retest of $0.0694, but clean break fit extend toward psychological $0.080.
Momentum don cool but still constructive. RSI dey around ~55.9 after e bin near overbought (above 70), and CMF still positive (~0.12), show say inflows dey despite profit-taking. Volume/OBV trends still point to steadier accumulation.
Downside, if dem lose $0.0634 e fit risk slide back to ~ $0.060, with $0.060–$0.0597 as next consolidation support zone. Bigger risk reference remain: if key BTC supports fall, SEI fit underperform and drop below $0.0563; if BTC strengthen, SEI fit react higher toward $0.0694+.
For traders, SEI immediate edge depend on $0.0657 holding, then $0.0694 reclaiming.
Bullish
Both articles dey paint SEI as dey inside constructive post-breakout phase. Di earlier view warn say if e lose nearby supports (around ~$0.0593 then ~$0.0563) e fit trigger pullback, but di later update add clearer bullish roadmap: $0.0657 na di immediate “strength test,” and if e hold above am e set up retest of $0.0694 wit potential to continue toward $0.080. Meanwhile RSI dey cool down and positive CMF/accumulation signals show say di dip likely na controlled retracement rather than full trend break. Main threat na downside if key levels ($0.0634 then ~$0.060/$0.0597) fail, or if BTC weakness drag SEI below $0.0563. Overall di probability-weighted trade setup still lean toward bulls as long as SEI respect di $0.0657–$0.0694 structure.