SEIUSDT
Back to break renge zone (SEI)❤️❤️Thanks for boosting 🚀 and supporting us!
📈now we are in bull 5-candle and need to resting in bull-trend that with back-to-break last renge zone.
📊 (Buy) : 0.301
🔴 Stop Loss : 0.272
🎯 Take Profit : 0.321 - 0.350 - 0.371 - 0.402
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
#SEI/USDT#SEI/USDT
An increase of nearly 300% has been achieved in a short period
Now we have a period of forming an ideal head and shoulders pattern
We are now at the formation of the right side of the model
A rebound is expected to form the right leg at .2760
Before completing the drop to levels
The first target is 0.2238
The second target is 0.2065
The third goal. 1897
SEI Token Surges 35%, Reaching New All-Time HighSei (SEI) has been registering notable gains over the past month with the asset’s recent rally over the 24 hours helping it reach a new all-time high (ATH).
SEI surged by 35% in the past 24 hours and is currently trading at $0.2659, marking a new ATH. The asset’s market cap stands at $645 million at the time of writing. Data shows that Sei’s daily trading volume has surpassed its market capitalization, hovering around the $656 million mark.
It’s important to note that only 2.175 billion SEI tokens have been added to its circulating supply so far, which has a total supply of 10 billion coins.
Moreover, Sei registered an 85% and 170% surge over the past week and past 30 days, respectively.
SEI is still sailing in the bullish zone as it’s above the $0.22 support zone. A price plunge below the $0.20 resistance zone could potentially put the asset in a highly volatile condition.
Last week, SEI registered a 91% surge in seven days after a strategic investment from Circle, the issuer of the second-largest stablecoin USDC.
Sei blockchain to add Ethereum Virtual Machine support in V2 upgrade
Trading-focused Layer 1 blockchain Sei will add support for the Ethereum Virtual Machine (EVM) in its upcoming version 2 (V2) upgrade. This will enable developers to port Ethereum-based contracts over to the network and use them on it.
To add this feature, Sei V2 will incorporate Geth, a Go implementation of the Ethereum Virtual Machine. Geth is the most widely used Ethereum client software.
Expanding on Sei V1
Sei has been operational on the mainnet beta since the V1 launch in August, offering support for Cosmos smart contracts written in Rust. With Sei V2, the team behind it aims to broaden its appeal to a wider range of developers. The development will add a fully parallelized EVM-compatible layer with sub-second finality (the speed at which transactions are confirmed).
What is Sei?
Sei is a Cosmos SDK-based proof-of-stake blockchain, designed to be optimized for trading with its ability to execute sub-second blocks. In April 2023, Sei Labs, the core developer of the network, raised $30 million in two strategic funding rounds from venture firms including Jump and Multicoin Capital.
With functionality that supports fast decentralized trading, Sei targets a specific niche where it competes with other Cosmos chains like Osmosis, Kava, Injective, Neutron and Kujira.
SEI 1hr TF inefficiency and bullish OBSEI is looking to do a little correction to the bullish OB below but as we can see there is inducement prepared for retail trader... So, look to take the long from OB below the inefficiency...
Wait for entry and always learn to manage your risk with proper RM
Follow for more market update and trade setup
Update SEI
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#SEI#SEI on H4 I see continuation of the pump up to $ 0.3074.
On D TF
At the moment, the $0.2186 level is the support level.
If the coin is consolidating or above this level, then the coin is likely to continue its upward movement to $ 0.3074, where we can see a bearish reaction and most likely a decline to approximately $0.2467 (n.1 - 3), where the main thing is to see that the price is held above $ 0.2467, then we can see more one move up as much as 0.3942$ (n.4)
0.3942$ - the level is also a resistance, only breaking through this level will give an increase to 0.4803$ and possibly higher.
Or the coin breaks through the level of 0.3074$, closes with H4, H12, D candles above this level, then of course the coin will continue its growth to the next value of 0.3942$ (n.5)
Option number 2 is if there is a closing of H4, H6, etc. below $0.2186, then the continuation of the global upward movement is possible from $0.1767 - $0.1886
Closing below these ( $0.1767 - $0.1886) values leads to a bearish trend. Where bounces are possible from the following values, which are indicated by green lines on the graph.
Why Is SEI Pumping?SEI has spiked by 28% today and more than 80% in the last 4 weeks. With its price presently at $0.2, what is causing this sudden pump and how high can it go?
What Is the SEI Token?
The SEI token is the native digital currency of the Sei blockchain network. Developed by Sei to facilitate decentralized exchange functionality, SEI was designed to provide developers with a robust technological infrastructure for building secure, efficient applications and services.
SEI is breaking out of its supply zone around $0.19. With a 24-hour trading volume of $441,026,634 USD. Sei is up 26.33% in the last 24 hours. with a live market cap of $364,305,964 USD. It has a circulating supply of 1,800,000,000 SEI coins.
SEI / SEIUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
SEI/USDT It required break the resistance to continue upward!💎 SEI has undoubtedly had a significant impact on the market. Currently, SEI is encountering the local resistance area at $0.1305. If SEI starts to display several bearish rejection candles, it could be indicative of a potential downturn, leading SEI back to a retesting phase at the demand area, with the aim of generating fresh momentum to breach the resistance zone.
💎 However, if SEI successfully overcomes the resistance in the near future, it will be poised for further upward movement and could probability reach our target zone, which includes the supply and major supply areas.
💎 On the flip side, if SEI, during its retesting phase within the range of $0.1180 to $0.1140, fails to sustain this level and even breaches the demand area, this would signify an adverse development for SEI. It would signal a shift back to a bearish trajectory, with the possibility of descending to the key support area.
SEI : some good position with fibo 61.8 Today I will send you some good tokens that react to the 61.8 fibo.
According to the chart, if you see the entry trigger and the confirmation candle, you can enter the position.
It will be very useful to have a minimum knowledge of technical analysis in the market for better use of these analyses.
In the end, don't forget capital management and compliance with risk to appropriate reward.
Good luck and
SEI/USDT Break out the Descending channel, Bullish Momentum ??Yello Paradisers, Keep an Eye on SEI: A Trend Reversal in Play
💎 SEI has not only broken out of its descending channel pattern but has done so with significant volume.
💎 Additionally, SEI has surpassed the 'Choch' area, often considered a trend reversal indicator, signaling a shift from a bearish to a bullish trend. After hitting a bearish Order Block (OB) zone, SEI experienced a pullback, which is likely a retest or the formation of a new higher low in the hourly OB, before resuming its upward trajectory.
💎This bullish narrative would be negated if SEI breaches the bullish invalidation point and closes below it.