<ul><li>SEI&#39;s breakout from a cup and handle pattern led to a remarkable 222% increase, now trading above the $1 threshold.</li><li>SEI&#39;s impressive 46% weekly surge and break above $1, driven by a surge in trading volume and market cap, showcases strong buyer momentum.</li><li>The technical indicators, including an overbought RSI and bullish MACD, signal a potential for further gains despite the possibility of a correction.</li></ul>SEI has experienced a significant rally, marking a triumphant ascent in its stock value. Initially spotted trading below $0.2982, the stock showcased a classic <a href="https://cryptotale.org/maverick-protocol-mav-shows-cup-and-handle-pattern-revealing-trading-strategies/" rel="noopener noreferrer nofollow">cup and handle formation</a>, a bullish signal to keen investors. Consequently, the breakout from this pattern heralded a strong upward momentum. The stock price surged, culminating in an impressive 222% gain from its initial breakout point.CryptoBusy, a renowned crypto analyst, shared an X post about $SEI&#39;s surge since its breakout from a cup and handle pattern.Moreover, this bullish trend has propelled the price to break above the $1 mark, a significant milestone for SEI. Investors and market watchers alike have taken note of this remarkable growth, attributing it to solid market fundamentals and investor confidence. Additionally, the surge has sparked interest in SEI&#39;s market positioning and future potential.As of press time, SEI is exchanging hands slightly below the $1.0 hurdle at <a href="https://coinmarketcap.com/currencies/sei/" rel="noopener noreferrer nofollow">$0.9691</a>, an increase of over 6% in the past 24 hours. In today’s session, the bulls have been in complete control, pushing the price from $0.8996 to climb above the $1.0 key level. On the weekly timeframe, SEI has impressively gained 46%, surging from a low of $0.67 to today’s daily high of $1.02.Read full article at <a href="https://cryptotale.org/sei-soars-past-1-after-bullish-pattern-breakout-surge/" rel="noopener noreferrer nofollow">CryptoTale.</a>

SEI Soars Past $1 After Bullish Pattern Breakout Surge

CryptoTale

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