$SEI Set for Surge? Bullish Breakout Watch!
Trade Signal: Bullish (Spot+Future)
Entry Points:
Entry: $0.1960- $0.1760
Take Profits:
TP1: $0.2070
TP2: $0.2170
TP3: $0.2300
TP4: $0.2450
Stop Loss: $0.1510
Why This Trade?
This bullish setup for SEI/USDT is supported by several technical indicators. The most compelling factor is the clear rebound from the $0.1815 24-hour low, demonstrating significant buying pressure. The price is currently trading above its short-term moving averages (EMA 14 and EMA 25), indicating growing strength. The increase in 24-hour volume (202.41M SEI and 38.70M USDT) suggests that this recent upward movement has conviction behind it. If SEI can successfully break above the EMA(50) at $0.2007 and hold it as support, it would signal a stronger bullish continuation towards the higher profit targets. This trade seeks to capture the upside potential of SEI's apparent trend reversal. Happy trading!
Remember this a long term trade. So use less margin Ratio.
