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Sei Retreats Toward $0.060 After October Advance Near $0.081

The 50-day moving average has crossed below the 200-day average. Trading volume has eased during the pullback.

A metal token rests beside a descending machined market path / TokenPost.ai
A metal token rests beside a descending machined market path / TokenPost.ai

Sei (SEI) has retreated toward $0.060 after approaching $0.081 around Oct. 1, bringing a price range from its September advance back into focus as trading volume eases.

SEI recovered above $0.060 in late September. During its advance through the $0.055-$0.060 range, the token moved past an area that had previously limited gains. The retreat has returned attention to $0.060; the chart also identifies $0.055 and $0.049 as lower levels.

The 50-day moving average is near $0.064, while the 200-day average is around $0.065. The shorter average has crossed below the longer one. Both stood above SEI during the pullback described in the latest market snapshot.

The October move followed a summer decline that took SEI near $0.039 in mid-August. Trading volume increased during the late-September and early-October recovery, then eased as the token gave back part of that advance.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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