$SEI Short term analysis

Short term analysis suggest that #Sei might be rebounding from its current downtrend. The 1 hour TF sees the coin form a double bottom with a slight RSI divergence.

This suggest that it might test the resistance level around 0.64 area and if it manages to break it, it might go next for the 0.7 levels.

Conversely, if it fails it might return to lower levels close to the 0.55 area. But the the hope of the potential v2 upgrade, we might see it resume its upward trend (that is a long term view).

P.s. this is not #FinancialAdvice #DYOR🟱

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