Markets· ★★· bearish·

SEI drops 9.85% to $0.075 after 77.5% two-week rally

  • —SEI fell 9.85% in 24 hours to $0.075 after a 77.5% gain over 14 days
  • —Daily volume of $139.57M was 99% above the 30-day average
  • —RSI at 68.4 and %B at 86% signaled overbought conditions before the drop
  • —Key support at $0.0735–0.0748, resistance at $0.0758 and $0.0834
Why it matters: The Oct. 23 decision on the REX/Osprey staking ETF is the binary catalyst that will determine whether SEI resumes its rally or extends the correction.
#SEI
Source: DiarioBitcoin
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