$SEI

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.

We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.2170.

We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.

We are looking for stability above the 100 moving average.

Entry price: 0.2310

First target: 0.2372

Second target: 0.2446

Third target: 0.2563

✅Buy and Trade here on $SEI