Tag: stabilization

The post Sei Price Retests Demand Zone With Bullish Structure appeared com. The Sei price prediction story revolves around a crucial structural level in that the token gathers around $0. 18 after the escalated selling pressure. Even though it has been weak in the short run, analysts have highlighted that the coin is still in a constructive range, given the fact that it has a solid demand zone, which is still appealing to buyers. Price Highlights Bullish Continuation Setup In a recent X post, analyst Sjuul pointed out that the bullish report of the Sei price prediction has not changed, even though the structure has been pulling back in the short term. The asset, according to its chart, remains consolidated above a major demand area, where the buyers have successively sucked up the sell-side liquidity. An exhaustive close above the said resistance would indicate a change in accumulation to markup that justifies the next expansion wave. His forecast provides a potential breakout pattern that may take the coin to a new level, assuming that the demand base can be sustained. Price Slips 4% as Market Weakness Persists At the time of writing, Sei is priced at $0. 19, marking a 4. 12% drop in the last 24 hours. The cryptocurrency’s market cap stands at $1. 16 billion, ranking it #101 globally, with a daily trading volume of $134 million. This decline reflects the cautious sentiment across the broader market, as traders remain uncertain amid fluctuating liquidity and profit-taking from recent minor rebounds. 18. Holding this zone could signal potential stabilization before a rebound attempt toward $0. 20-$0. 22. However, if selling pressure intensifies, a dip.