$SEI – Bullish Recovery from Demand Area
Strong recovery from support at $0.25
Forming a higher low on the 4-hour frame
It has shown strong resilience after a sharp correction from $0.3359. Prices found strong support near $0.25 and are now forming a higher low, indicating the potential for the continuation of the bullish trend.
Trade Setup
Entry Area: $0.278 – $0.284
Take Profit: $0.312
Stop Loss: $0.268
If the momentum continues, a breakout towards the $0.31–$0.33 area is likely. Bulls need to defend $0.27 to maintain control.