SEI surged 40% crazily! War ceasefire + technological explosion, is the next target aimed at 0.33?

SEI has completely exploded—just when the market was still in a state of turbulence and waiting, it directly surged 40% in 24 hours, topping the cryptocurrency gainers list!

There are two reasons behind this:

Macroeconomic aspect: The ceasefire statement by Yemen has landed, and global risk assets are experiencing emotional recovery, causing cryptocurrency markets to become directly excited.

Technical aspect exploded: SEI broke through a downward wedge structure that lasted for several weeks, with volume simultaneously exploding, and RSI soaring to 73.6, a typical head-and-shoulders pattern has begun!

This surge is not without cause:

The middle and upper bands of the Bollinger Bands have been breached, strength is self-evident;

Trading volume skyrocketed by 216.9%, market willingness to go long is at an all-time high;

0.3336 is the next target, with both technical and emotional support;

The key support below is at 0.1964, and a stop loss can be set near the wedge low of 0.1665.

But don't blindly ALL IN—current RSI is already overheated, although strong in the short term, there is also a considerable possibility of a pullback for consolidation. The focus at this time is: observe whether the pullback is gentle and whether the volume is healthy; if it can maintain the upward structure, it will be a springboard for the next wave to hit 0.4.

So the question arises:

Do you think SEI's surge is a true bull market reversal? Or a tactical bait-and-switch to offload?

Share your judgment in the comments section!