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SEIUSDT

SEI/USDT It required break the resistance to continue upward!💎 SEI has undoubtedly had a significant impact on the market. Currently, SEI is encountering the local resistance area at $0.1305. If SEI starts to display several bearish rejection candles, it could be indicative of a potential downturn, leading SEI back to a retesting phase at the demand area, with the aim of generating fresh momentum to breach the resistance zone. 💎 However, if SEI successfully overcomes the resistance in the near future, it will be poised for further upward movement and could probability reach our target zone, which includes the supply and major supply areas. 💎 On the flip side, if SEI, during its retesting phase within the range of $0.1180 to $0.1140, fails to sustain this level and even breaches the demand area, this would signify an adverse development for SEI. It would signal a shift back to a bearish trajectory, with the possibility of descending to the key support area.
by MyCryptoParadise_Nathan
7
SEI/USDT Break out the Descending channel, Bullish Momentum ??Yello Paradisers, Keep an Eye on SEI: A Trend Reversal in Play 💎 SEI has not only broken out of its descending channel pattern but has done so with significant volume. 💎 Additionally, SEI has surpassed the 'Choch' area, often considered a trend reversal indicator, signaling a shift from a bearish to a bullish trend. After hitting a bearish Order Block (OB) zone, SEI experienced a pullback, which is likely a retest or the formation of a new higher low in the hourly OB, before resuming its upward trajectory. 💎This bullish narrative would be negated if SEI breaches the bullish invalidation point and closes below it.
Long
by MyCryptoParadise_Nathan