SEI has been consolidating within a symmetrical triangle on the daily chart. After weeks of compression, price is now testing the upper resistance trendline. A breakout could trigger strong upside momentum.
Key Points
- Triangle Pattern: Price has formed higher lows against flat resistance, signaling pressure building for a breakout.
- Golden Crossover: The 50 EMA recently crossed above the 200 EMA, strengthening the bullish outlook.
-Volume Profile: Key accumulation zone around $0.28 acting as strong support.
- Upside Potential: A confirmed breakout above $0.345 could send SEI toward $0.50–$0.65.
Trading Plan
Entry Zone: On breakout confirmation above $3.45
Target (TP): $0.50 – $0.650 initially, higher if momentum continues.
Stop-Loss (SL): Below $0.27 support.
Cheers
Hexa
Key Points
- Triangle Pattern: Price has formed higher lows against flat resistance, signaling pressure building for a breakout.
- Golden Crossover: The 50 EMA recently crossed above the 200 EMA, strengthening the bullish outlook.
-Volume Profile: Key accumulation zone around $0.28 acting as strong support.
- Upside Potential: A confirmed breakout above $0.345 could send SEI toward $0.50–$0.65.
Trading Plan
Entry Zone: On breakout confirmation above $3.45
Target (TP): $0.50 – $0.650 initially, higher if momentum continues.
Stop-Loss (SL): Below $0.27 support.
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.