SEI Rises 3.70% on October 5 but Fails to Confirm Trend Reversal
- —Price $0.0732, up 3.70% on the day; about 3.72% above the $0.0706 open
- —Daily volume $58.35 million, 22.23% below the 30-day average
- —RSI 64.8 and bullish MACD, yet price stays below SMA-7 and SMA-10
- —30-day return 56.19%, 7-day return -12.01%, still 93.56% below all-time high
Why it matters: Without a confirmed catalyst or volume expansion, the move looks like a rebound rather than a trend reversal.
Source: DiarioBitcoin