Market Overview for Sei/BNB on 2026-01-10

Summary
• Price declined from 0.0001383 to 0.0001332 amid thin volume.
• A bearish engulfing pattern formed near 0.0001377.
• RSI signaled oversold conditions below 30 by the close.
• Bollinger Bands showed contraction and low volatility.
• No clear divergence between volume and price action observed.

Sei/BNB (SEIBNB) traded between 0.0001383 and 0.0001332 in the 24 hours ending at 12:00 ET. It opened at 0.0001383, reached a high of 0.0001383, fell to a low of 0.0001332, and closed at 0.0001332. Total volume was 82,698.1 with a turnover of 11.19 BNB.

Structure & Candlestick Patterns

The pair formed a bearish engulfing pattern near 0.0001377, signaling potential bearish continuation. A long lower shadow at 0.0001333 suggested some short-term rejection of lower levels. No clear reversal patterns emerged during the 24-hour window.

Moving Averages

On the 5-minute chart, price closed below both the 20SMA and 50SMA. The 50-period line stood near 0.0001360. On the daily chart, the 50DMA and 200DMA were unobservable over the past 24 hours, but a downward trend appears established.

Momentum Indicators

The MACD remained negative throughout the period, with the signal line slowly catching up. RSI hit oversold territory below 30 by the close, suggesting potential short-term support at or near 0.0001332–0.0001333.

Bollinger Bands

Bollinger Bands narrowed as price consolidated near the lower band, indicating decreasing volatility. The closing candle was near the 1.5σ level, pointing to a potential bounce or test of the 0.0001340 level in the short term.

Volume and Turnover

Volume was light during the early hours, with a significant spike around 20:30–21:00 ET when price dropped from 0.0001351 to 0.0001345. Total turnover increased in line with price declines, showing no divergence between volume and price.

Fibonacci Retracements

Recent 5-minute swings showed a 61.8% retracement near 0.0001345–0.0001346. Daily Fibonacci levels aligned with the 61.8% level at 0.0001337, which may now serve as resistance ahead of 0.0001340–0.0001345.

The pair may consolidate near 0.0001332 in the next 24 hours with a possible test of the 0.0001340 level. Investors should monitor volume for signs of strength or weakness. A sharp rebound without confirmation could result in further downside.