📈 SEI/USDT – Long Setup (1H Chart)
Current Price: $0.3655
Entry Zone: $0.3620 – $0.3660
Targets:
🎯 Target 1: $0.3700
🎯 Target 2: $0.3755 (recent high and resistance)
🎯 Target 3: $0.3820 (if momentum continues)
Stop Loss: $0.3540 (below channel breakout and recent support)
🔍 Rationale for Long Signal:
✅ Breakout from descending channel with a bullish retest
✅ Price is holding above former resistance trendline (now acting as support)
✅ Increasing buy volume confirms breakout strength
✅ Higher lows forming, suggesting uptrend continuation
📌 Watch For:
Bullish continuation above $0.3700 with strong volume = confirmation
Rejection below $0.3550 = signal invalidation