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Technical analysis by sorooshx about Symbol SEI on 6/2/2025

https://sahmeto.com/message/3573480
sorooshx
sorooshx
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📈 Current Price: $0.194424h Change: +0.43%SEI shows modest bullish momentum but still faces resistance.📊 Technical Overview• Range: $0.1892 – $0.1963• Support: $0.19 – $0.20• Resistance: $0.21 – $0.22• Trend: Bearish – testing upside potential- Interesting Entries : 0.19 - 0.17 , 0.1450 - 0.13🔗 On-Chain Metrics• Transactions: 3B+ 📊• Wallets: 24M+ users 👥• ⚠️Unlock: 219.7M SEI (4.12%) in 14 days – watch supply pressure🧭 Fundamentals• High-performance Layer 1 built for DeFi & HFT• SEI used for gas, staking, governance & collateral• Market Cap: ~$1.03B | FDV: ~$1.93B📈 Forecast• Short-Term: $0.19 – $0.21• Mid-Term: $0.21 – $0.25• Long-Term: $0.25 – $0.30 🚀✅ SummarySEI is showing early signs of recovery. Despite overall bearish trend, strong fundamentals and massive on-chain adoption suggest long-term upside. Key level to watch: $0.21.Smart Crypto Exchange and WEB3 SocialFi platform : sorooshx.com

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$0.19427
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