
SEI Gains 16.55% to $0.056 on Layer-1 Rotation and Giga Upgrade Hopes
- —Up 16.55% in 24 hours to $0.05597, volume 161% above the 30-day average
- —Price broke above the 200-day SMA at $0.0534 — a key technical signal
- —RSI at 70.6 and stochastic at 100% indicate extreme overbought conditions
- —Up 24.86% over 7 days, but down 81.54% over 52 weeks from its all-time high of $1.13
Why it matters: The break above the 200-day SMA could shift SEI's medium-term trend, but overbought conditions raise the risk of a pullback to $0.053.
Source: DiarioBitcoin