$SEI
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Bull Flag Pattern
The technical target is usually = length of the pole (0.3666 – 0.1301 ≈ 0.2365$) added to the breakout point.
If it breaks above 0.3666 → the expected target = 0.3666 + 0.2365 = approximately 0.6030$.
Indicators:
MACD: Positive (the zero line is close to breaking upwards).
RSI (6): at 60 → in the positive zone, has not yet entered overbought territory.
Strong support areas
0.332 – 0.330$ first support (close to the current price).
0.288 – 0.290$ strong support at EMA(25).
0.233$ previous historical support.
📈 Resistances
0.366 – 0.367$ strong resistance (previous peak + EMA99).
0.500$ medium target.
0.600$ target for the Bull Flag pattern.
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💰 Proposed trade (Long with 5× leverage)
Entry area: between 0.330 – 0.335$.
Stop loss: below 0.288$ (strong), meaning SL at 0.285$.
First target (TP1): 0.366$
Second target (TP2): 0.500$
Third target (TP3): 0.600$
🔔 Note: If it breaks below 0.288$, the scenario might turn bearish.