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$BTC #Trump100Days

* Short-term trend: The chart shows that BTCUSDT is fluctuating within a narrow range, indicating a tug-of-war between buyers and sellers in the short term. The candles have small bodies and many wicks, indicating market indecision.
* Medium-term trend: Looking at the moving averages (EMA and MA) and the Bollinger Bands, it seems that BTCUSDT is still in a medium-term bullish trend, although there has been a slight recent adjustment. The price is still trading above important moving averages.

The cryptocurrency market is witnessing a resurgence, with major altcoins recovering after weeks of corrections. Among them, two layer-1 tokens, Sei ($SEI ) and EOS ($EOS ), are exhibiting notable upward momentum. SEI has surged 12% following a key breakout, while EOS has gained over 3%, positioning itself near a critical resistance level and signaling a potential breakout.

Sei (SEI) Analysis

Sei (SEI) has successfully broken out of a falling wedge formation, indicating a reversal from its prior downtrend. After testing key support near $0.19, the token surged upward, breaching the wedge’s upper resistance trendline.

According to recent market data, SEI is currently trading around $0.25, testing resistance at the 25-day Simple Moving Average (SMA). While a retest of the breakout level remains possible, a decisive move above the SMA could open the door for further gains. The next significant resistance levels to monitor are $0.34 and $0.48, representing an 88% potential upside from its current price.

EOS (EOS) Analysis

EOS is mirroring SEI’s price action but remains within a falling wedge pattern, approaching a critical breakout zone. Recently, the token rebounded from $0.49, holding support along the lower trendline and now testing both the upper resistance boundary of the wedge and the 200-day SMA.

At present, EOS is trading at $0.64. If the price successfully breaks out above this pattern and confirms the move with a retest, the next resistance levels to watch are $0.82 and $1.03, indicating a potential 60% upside from current levels.

Market Outlook

With altcoins regaining strength, layer-1 tokens like SEI and EOS are demonstrating bullish momentum. SEI has already confirmed its breakout, suggesting further upside potential if key support holds. Meanwhile, EOS is approaching a decisive breakout point, where a move above resistance could trigger a substantial rally.

Traders and investors should closely monitor these key levels as SEI leads the upward trend, with EOS potentially following suit.

The cryptocurrency market is experiencing a resurgence, with several altcoins showing signs of recovery after weeks of corrective price action. Among them, two Layer-1 tokens, Sei ($SEI ) and EOS ($EOS ), have garnered attention for their notable upward momentum. Sei has surged by 12% following a critical breakout, while EOS has gained over 3%, positioning itself near a crucial resistance level that could signal a potential breakout.
Sei (SEI) Technical Analysis
Sei (SEI) has successfully broken out of a falling wedge pattern, signaling a potential reversal from its previous downtrend. After testing strong support at the $0.19 level, the token surged upward, surpassing the upper resistance trendline of the wedge formation.
Currently trading around $0.25, SEI is facing resistance at the 25-day Simple Moving Average (SMA). Although a retest of the breakout level is possible, a decisive move above this resistance could pave the way for further gains. Key resistance levels to watch are $0.34 and $0.48, which would represent an upside potential of 88% from its current price.
EOS (EOS) Technical Analysis
EOS (EOS) appears to be following a similar price action to that of SEI, albeit still within a falling wedge pattern. The token recently rebounded from the $0.49 level, holding support along the lower trendline of the wedge, and is now testing both the upper resistance boundary of the wedge and the 200-day SMA.
At present, EOS is trading at $0.64. Should the price break above the upper resistance and confirm the breakout with a retest, the next resistance levels to monitor are $0.82 and $1.03, indicating a potential upside of 60% from current levels.
Market Outlook
As altcoins regain strength, Layer-1 tokens such as SEI and EOS are showing strong bullish momentum. SEI has already confirmed its breakout, suggesting the potential for further upside if key support levels hold. On the other hand, EOS is approaching a crucial breakout point, where a move above resistance could trigger a substantial rally.
Traders and investors should closely monitor these key levels, with SEI leading the upward trend and EOS potentially poised to follow suit.
#SEİ #SeiUpgrade #EOS/USDT #BinanceAirdropAlert #Vote-PIOnBinanceYesOrNo

Current Price: $0.5941 (-5.21%)

The $SEI /USDT pair is currently trading within a descending channel on the 30-minute timeframe, with indications of a potential upward breakout. Here is a detailed analysis:

Trend Overview:

The price shows signs of stabilizing above the 100-period moving average (MA100), signaling a possible bullish recovery.

2. RSI Analysis:

A descending trend is visible on the Relative Strength Index (RSI). Breaking this trend upwards would further support a price rise.

3. Support Levels:

A strong support zone exists at the lower boundary of the descending channel, near $0.6020, which could serve as an optimal entry point.

Trading Strategy and Targets:

Entry Price: $0.6020

First Target: $0.6227

Second Target: $0.6470

Third Target: $0.6760

Key Notes:

Monitor price movements closely to confirm upward momentum before entering trades.

The cryptocurrency market is highly volatile. Conduct thorough research (DYOR) and remain informed about market trends and news before making investment decisions.

Stay vigilant,
and good luck with your trading strategy!