$SEI

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.

We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.2550.

We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend.

We are looking for stability above the 100 Moving Average.

Entry price: 0.2579

First target: 0.2626

Second target: 0.2681

Third target: 0.2750

✅Buy and Trade here on $SEI