#SEI $SEI #

The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.

We have a trend to stabilize above the 100 moving average once again.

We have a downtrend on the RSI indicator that supports the upward break.

We have a support area at the lower boundary of the channel at 0.2750, acting as strong support from which the price can rebound.

We have a major support area in green that pushed the price upward at 0.2600.

Entry price: 0.2813

Entry price: 0.2813

First target: 0.2879

Second target: 0.2970

Third target: 0.3080

To manage risk, don't forget stop loss and capital management.

When you reach the first target, save some profits and then change your stop order to an entry order.

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