SEI Crypto: 600K active users who meet with landscapes – what are the cracks first? star-news.press/wp

• The growth of the SEI network accelerates, with active addresses that cross 600,000 and transactions of up to 1.6 million.
• SEI faces severe resistance at $ 0.30, as derivative derivatives are still down despite recovery.

During the past six months, Six (six) The network’s large expansion recorded.

In fact, the active headlines jumped from 250 kilos to 600 thousand, and daily transactions crossed 1.6 million.

This continuous strong growth gave a visualization of the height of the user and fixed benefit gains, which may be a reflection of the developer’s traction or the successful DAPP deployment on the network.

However, despite the strong momentum on the chain, SEI was traded at $ 0.279, a decrease of 1.15 % per day, as Bulls fought for the last break.

Can Sei Bulls finally break the stubborn resistance wall?

Even after a clean bounce of $ 0.25, Sei continued to be delayed near the resistance range from 0.29 to $ 0.30.

This resistance has worked as a major supply zone since February, and has rejected multiple Saudi attempts. Although the price recently penetrated the range, it was not then closed convincingly.

The sure collapse would pave the way for about $ 0.337, while rejection may force another test of $ 0.254. Therefore, the bulls must keep pressure on the current levels to keep the momentum.

Source: TradingView

Why everyone suddenly talks about Sei

SEI’s social dominance increased sharply, up to 0.59 % before cooling to about 0.25 %.

This rise in social signals reflects the interest of a merchant and increased speculative interest. Historically, such nails are often in line with strong market movements.

However, if not supported by new buyers or development features, this increase may fade quickly.

Source: Santime

This reveals the market morale

Even with the Sei recovery, the financing rates remain negative, about -0.02 % over the top exchanges.

This indicates a declining mile, with more merchants betting on the negative side. Interestingly, this deviation opens the door for short pressure if the bulls retain main levels.

Therefore, while caution dominates the area of ​​derivatives, the preparation for the sudden sudden movement remains healthy.

Source: Santime

A lot of short pants, very little belief?

The open financing rate sat in -0.0129 % as of July 2, highlighting that merchants who are still tending to drop.

Even with improved price subsidies and improved network standards, the lack of bullish condemnation in the derivative market indicates that the current assembly is not certified.

However, this type of mismatch of feelings often leads to sharp moves when merchants are arrested on the side. Thus, SEI may surprise the bullish trend if the immediate demand continues.

Source: Coinglass

Will Sei turn the strength of the network to the outbreak of prices?

The enormous SEI increase in users and active transactions shows that the basics of the network are rapidly improving. However, the price remains lower than the critical resistance area where traders are frequent.

If SEI managed to turn this resistance to support while feelings remain skeptical, this may lead to a strong crowd fed by short pressure and retail momentum.

Until then, all eyes remain at the level of 0.29 – 0.30 dollars to confirm.