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SEI Breaks Out of Falling Wedge: Bullish Reversal in Play?
SEI has officially broken out of its falling wedge pattern—a structure that’s contained price for weeks.
For the first time in a while, it’s printed a higher high, a clear shift in structure and momentum.
Key levels to watch:
A retest of the 0.618 Fibonacci near the value area low
Formation of a higher low = bullish confirmation
Volume spike could signal strong continuation
Is this the start of a bigger move or a fakeout? Next few candles are critical.
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Disclaimer: Not financial advice.