SEI / TetherUSLong
SEI Long Spot Trade (CHoC & Support Flip)
Market Context: SEI’s recent price action is suggesting a potential reversal with a Change of Character (CHoC) confirmed by a higher high and a retest of the $0.35 resistance as support. A reclaim of the 200 EMA as support would add strength to the upward continuation outlook.
Trade Setup:
Entry: Around $0.40
Take Profit:
First target: $0.63
Second target: $0.89
Stop Loss: Daily close below $0.34
This setup is positioned to capitalize on the momentum shift, with upside targets aligning with higher levels if support holds. #SEI #Crypto #Trading
Trade Setup:
Entry: Around $0.40
Take Profit:
First target: $0.63
Second target: $0.89
Stop Loss: Daily close below $0.34
This setup is positioned to capitalize on the momentum shift, with upside targets aligning with higher levels if support holds. #SEI #Crypto #Trading
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.