SEI user activity rises – is it a short pressure near the price close to $ 0.35? star-news.press/wp

• The outbreak of SEI is supported by the height of the governor, transactions and upscale feelings.
• Despite negative financing, the high open attention and the hint of strong momentum in continuing the direction.

Six (six) A dramatic boom in the user activity witnessed, with a daily active portfolio from 10.49 % to 561,000 and daily transactions jumping 20.13 % to 1.47 million.

these Numbers He emphasized that the SEI’s adoption wave, which has been built since the early second quarter, has now entered a speeding phase, which prompted SEI to $ 0.3039.

These signs indicate renewed momentum, but are they enough to carry SEI higher?

Will SEI social momentum be translated into the permanent market?

SEI’s social hegemony was 0.59 % before settling 0.387 %, while positive feelings rose to 14 on June 27, according to Santiment data.

This rise in the vision indicates that the distinctive symbol attracts wider attention, which is likely to be driven by the support of strong society and media traction.

However, while increasing social durability tends to predict exit, it can also attract speculation activity.

Source: Santime

Why are merchants still fighting the direction?

Despite the traction on the chain and positive morale, the financing rates remained negative by -0.032 %, at the time of the press -a clear sign of short locations.

The continued red financing bars shows the frequency among derivative derivatives in support of the entire assembly.

However, these contradictory sites can serve as fuel for possible short pressure, especially if the price continues to climb and the references are forced on the landfill of trade.

Source: Santime

Can this upward pressure enhance?

At the time of writing this report, the open interest jumped by 7.78 % to 310.87 million dollars, which enhances the idea that speculative capital belongs to the SEI.

The height of this scale, along with the price, usually indicates increased confidence. In fact, it shows that both bulls and bears are loaded to the following movement.

Merchants must now see whether fresh flows continue or start drying with Sei approaching resistance.

Source: Coinglass

SEI at $ 0.35 is the next big battle

SEI succeeded in breaking its scattered channel after several months of the declining structure. It hovers about $ 0.3039, as it approaches the next main resistance at $ 0.3508.

At the time of the press, I read RSI 67.89, and this means that it is upward, but it has not yet excelled. This gives bulls some breathing room, especially if the size is followed.

However, failure to breach $ 0.35 may lead to price pressure or re -test the hacking area.

Source: TradingView

Ultimately, the SEI outbreak is supported by a strong increase in user activity, speculative attention, and a positive feeling.

However, the remaining negative financing rates and the main resistance at $ 0.35 determine the short -term risks. If the bulls maintain the momentum and exceed this level, SEI can enter the stage of discovering the new prices.