The cryptocurrency Sei (SEI) has seen impressive growth recently, with 871,000 daily users and $254 million in Total Value Locked (TVL). It has broken out from a key resistance level, indicating potential for further growth. The chart shows strong momentum, with a break above the resistance and a higher lows pattern suggesting a bullish continuation. The price of SEI is currently $0.6683, marking a 4.14% increase for the day. Resistance at $0.6712 has been breached, and the next target is a new high at $1.0604, representing a potential 57.53% increase. The 9-day moving average has crossed above the 21-day moving average, supporting the bullish momentum. While hurdles exist, including the need to break through more resistance levels, technical indicators and strong social volume and open interest suggest continued upside potential. However, traders should stay alert to shifts in market sentiment. Overall, reaching $1.06 is possible for SEI if it can overcome key resistance levels and maintain market confidence.



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