SEI price prediction – Another 4% fall to follow its 5.5% loss? Maybe, but only if…

SEI’s price recently fell 5.5%, struggling at the $0.35 resistance level. A strong demand zone exists at $0.31, which traders should monitor for potential buying opportunities. Despite a bullish long-term outlook, short-term indicators reflect a lack of momentum for a reversal.

Traders are advised to exercise caution. The analysis shows that reliance on a bullish reaction from $0.31 is crucial, especially considering possible Bitcoin pullbacks that might hinder SEI’s performance.