SEIUSD Daily Outlook

Sei is the fastest Layer 1 blockchain, designed to scale with the industry.It specializes in the exchange of digital assets. It is the first parallelized EVM.  Parallelization lets you process multiple things at the same time (i.e. in parallel).

SEI features -

Time to finality - 380ms

TPS - 5,030 transactions per second (12,500 theoretical max)

SEIUSD performed well in the past two days.

Any daily close above $0.50 confirms further bullishness.

TIAUSD gained more than 50% in the past two days. The pair holds well above the short-term (21 and 55 EMA) and below the long-term moving average. It hit a high of $0.306 and is currently trading around $0.2905.

The bullish invalidation can happen if the pair closes below $0.10. On the lower side, the near-term support is $0.25. Any break below target $0.20/$0.10.

The immediate resistance stands at around $0.340. Any breach above confirms bullish continuation. A jump to $0.450/$0.50 is possible. A surge past $0.50 will take it to $0.70.

It is good to buy on dips around $0.25 with SL around $0.20 for TP of $0.45.