SEI / TetherUS
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#SEI/USDT - Final Support Before a Major Reversal or Breakdown

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#SEI

The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected.

We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected.

There is a key support zone in green at 0.1116. The price has bounced from this zone multiple times and is expected to bounce again.

We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement.

Entry price: 0.1130
First target: 0.1139
Second target: 0.1158
Third target: 0.1179

Stop loss: Below the support zone in green.

Don't forget a simple thing: capital management.

For inquiries, please leave a comment.

Thank you.
Operación cerrada: objetivo alcanzado
imagen
#SEI
First target: 0.1139 Reached
Second target: 0.1158 Reached
Third target: 0.1179 Reached

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