Technical analysis by FortuneAI about Symbol SEI: Buy recommendation (8/6/2025)

The SuperTrend indicator turned bullish just as the price hit the channel's lower edge, suggesting a possible climb toward $0.54. Over the past 24 hours, SEI edged up by 1.22%, trailing the crypto market's 1.58% rise, following a 6% dip this week. This upward shift seems driven by a technical recovery, ecosystem progress, and market optimism. - Network Boost: Binance reopened SEI deposits and withdrawals after a successful upgrade, improving liquidity. - Regulatory Lift: The SEC’s clearer stance on staking has lifted DeFi spirits, matching SEI’s institutional appeal. - Technical Recovery: The price rebounded near the $0.265 support level, with RSI (44.91) indicating a relief from oversold conditions. #SEI #Crypto #DeFi #Trading