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SEI Price Reclaims $0.062 Support, With $0.068 Now the Key Test

SEI Price Reclaims $0.062 Support, With $0.068 Now the Key Test

Photo: Coindoo

Key Takeaways SEI is trading around a repeatedly tested $0.0623 support area. The descending channel and $0.068 retracement are the nearest recovery hurdles. The rising 50-day average sits below price at $0.05794. RSI is near 50, showing that momentum has cooled substantially. The SEI/USD daily chart on TradingView showed price at $0.0642 on October 16 at 21:50 UTC, up 2.56% on the open daily candle. SEI traded between $0.061403 and $0.0675 during the session before pulling back from its intraday high.

Source: Coindoo

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