$SEI has seen a strong move in recent weeks and is now riding along its Daily 200MA/EMA.
Key will be to make a higher low here and continue higher to keep the bullish momentum going.
With CoinShares launching its SEI ETP in Europe and the ongoing stablecoin hype, I still think this is one of the coins to watch.
$SEI has been a strong mover with the recent stablecoin narrative and $CRCL's insane post-IPO performance.
Looking for it to hold on to this support area and Daily 200MA/EMA to form another higher low. From there on out, it will be key to get back above this local high volume node around $0.285.
Circle is a lead investor in SEI, so the fact that this is outperforming makes sense as it's one of the leaders within the narrative.
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