SEI rises 4.60% on October 10, but volume fails to confirm the move
- —SEI rose 4.60% to $0.0694478 on $49.2 million in volume, 36.65% below average
- —Price sits above the 30-, 50-, 90- and 200-day SMAs but below the 7-, 10-, 15- and 20-day averages
- —RSI at 57.4 and a bearish MACD offer no overbought or reversal signal
- —The token is down 66.55% over 52 weeks and 93.89% below its $1.13 all-time high
Why it matters: A rally on thin volume is prone to reversal; confirmation would require stronger trading activity and a break above near-term resistance.
Source: DiarioBitcoin