SEI Price Surges to $0.062: Can Bulls Sustain Upward Momentum? 🔥
With Bitcoin retesting $78k and positive risk sentiment, SEI gained 10% to $0.062. Rising TVL and stablecoin growth are bullish metrics. A breakout from the downtrend could lead to a retest of $0.10.
The surge underscores both sensitivity to risk-on sentiment and network fundamentals, with SEI bulls pointing to robust on-chain metrics and strategic upgrades ahead of the Giga upgrade.
For now, traders can look at secondary support around $0.063-$0.065. A break above could confirm shifting momentum and lead to targets like $0.078 next year. 📈
What do you think? Are SEI's recent gains sustainable as the network upgrades continue? 👇