Markets· ★★· bearish·

SEI Falls 9.08% on Volume Nearly Half the Monthly Average

  • —Price at $0.05296, session low $0.05244, SMA-90 at $0.05255
  • —Volume of $33.77 million is 51.75% below the 30-day average
  • —RSI at 34.7 and stochastic at 2.8 signal weakness, not a reversal
  • —Down 15.30% in 7 days and 21.40% in 14 days, up 17.04% over 90 days
Why it matters: The low-volume slide near the SMA-90 could spark a bounce, but without rising activity a break of support opens further downside.
Source: DiarioBitcoin