Market Overview for Sei/Yen (SEIJPY) – 24-Hour Analysis

Summary
• Price surged 6.2% from 16.96 to 17.96 in 24 hours amid high-volume bullish momentum.
• Key resistance at 17.94–18.03 tested, with a potential pullback forming at 17.88.
• Volume spiked during the 00:15 ET–00:30 ET window, coinciding with a 4.2% move up.
• RSI overbought at 75–80, suggesting possible near-term correction or consolidation.
• Bollinger Bands showed a widening from 17.45 to 17.98, indicating rising volatility.

At 12:00 ET on 2025-12-22, Sei/Yen (SEIJPY) opened at 16.96, reached a high of 17.98, and closed at 17.87 with a low of 17.59. Total volume for the 24-hour period was 106,710 units, while turnover reached 1,843,653.15 (based on SEIJPY values).

Structure & Formations

Price action displayed a strong bullish bias after breaking above key resistance at 17.93, with a large bullish engulfing pattern forming between 17.69 and 17.88. A bearish harami emerged as price settled near 17.88 after a 0.5% pullback.

Moving Averages

The 5-minute chart saw price stay above the 20- and 50-period SMAs for most of the session, indicating short-term bullish momentum. On the daily chart, the 50-period SMA appears to be a critical support level near 17.72.

Momentum and Volatility

MACD crossed into overbought territory early in the session, reinforcing the upward thrust. RSI climbed to 75–80 during the 00:15–01:00 ET window, suggesting potential overbought conditions. Bollinger Bands expanded significantly, from a width of 0.50 to over 0.53, confirming a rise in volatility.

Volume and Turnover

The most notable volume spike occurred between 00:15 and 00:30 ET, where 22,516 units were traded, supporting the 4.2% rise. However, a divergence in volume and price appeared between 12:45 and 13:15 ET, when price declined slightly but volume remained muted, suggesting weakening conviction.

Fibonacci Retracements

Recent 5-minute swings identified key levels at 38.2% (17.90), 50% (17.85), and 61.8% (17.80) as critical areas for possible reversals or consolidation. On the daily chart, the 61.8% retracement of the recent bullish move sits near 17.80, which could act as a near-term support.

Sei/Yen appears to be consolidating after a strong upward thrust. A test of 17.88–17.90 could trigger further upside, or a failure to hold this range may lead to a pullback toward 17.72. Investors should remain cautious of overbought conditions and watch for volume confirmation on any breakouts.