Sei News 2025: SEI Stabilizes Near $0.13 as Open Interest Declines and Technical Indicators Warn of Persistent Weakness
SEI stabilized near $0.13 following a steep decline, but declining open interest and bearish technical indicators suggest continued weakness.Summary
The price action for SEI has shifted into a tight consolidation range near $0.13 after a significant sell-off, breaking support around $0.145–$0.150. This stability reflects easing selling pressure, but a lack of buying conviction keeps volatility low. Open Interest (OI) has consistently declined alongside the price, indicating traders are closing positions rather than aggressively shorting, confirming weak momentum. Currently, SEI is listed at $0.13, showing a minor 24-hour uptick, but it remains range-bound between $0.129 and $0.134. Technical indicators on TradingView reinforce the bearish outlook; the price is below the Bollinger Band basis ($0.1598) and near the lower band ($0.1258), while the MACD remains negative without a bullish crossover. A sustained recovery requires SEI to defend the $0.13 zone and break above the $0.1598 resistance level.
(Source：Brave New Coin)