SEI: Upside Momentum Returns After Correction
Michaël van de Poppe states SEI has completed its minor correction and now shows renewed upside momentum after a bullish divergence on the chart.
SourceAnalysis
Michaël van de Poppe flags renewed strength in SEI. The token posted a strong advance after bullish divergence established momentum, then absorbed a shallow pullback that cleared the path for continuation.
Price sits at $0.07 inside the Bollinger bands and presses the upper band while RSI at 54.98 leaves room before overbought territory. The MACD golden cross supplies bullish confirmation even as the broader structure remains bearish, pinning the EMA50 at $0.07 as near-term resistance and the EMA200 at $0.06 as the next meaningful support zone.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast