SEI/USDT Keep an eye! A successful Break, Continue Bullish Move!💎 SEI has recently experienced significant market dynamics. Presently, SEI is encountering resistance at the trendline of the bullish flag pattern.
💎 A successful breakout from this pattern could signal a bullish momentum for SEI, potentially leading to further upward movement and reaching our target area.
💎 However, if SEI faces rejection and fails to break out, there is a possibility that the price will retreat to the demand area ranging from $0.61 to $0.56 to gather new momentum.
💎 Upon revisiting the demand area, historical data suggests that it has provided strong support for SEI's price movements. There is potential for a bounce when SEI reaches this area. Nevertheless, if SEI breaks below the demand area, it could signify a bearish trend reversal, leading to further downward movement in price.
