Markets· ★★· bearish·

SEI Falls 4.84% to $0.0613 on Volume 55% Below Average

  • —Intraday low of $0.05849 nearly touched the 50-day SMA at $0.05843
  • —RSI at 45.8 and a negative MACD histogram point to short-term weakness
  • —ATR equals 8.1% of price; 30-day annualized volatility is 129.3%
  • —No confirmed catalyst has been identified for the drop
Why it matters: SEI still holds above its long-term averages, but losing the $0.0584 50-day SMA could open the door to a deeper correction.
#SEI
Source: DiarioBitcoin
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