#SEI/USDT
Updated
#SEI
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.2900
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.3050
First target 0.3220
Second target 0.3400
Third target 0.3604
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area at the lower line of the channel at 0.2900
We have a downtrend on the RSI indicator which supports the rise
We have a trend to stabilize above the 100 moving average
Entry price 0.3050
First target 0.3220
Second target 0.3400
Third target 0.3604
Trade active
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