SEI / TetherUSLong
Seiusdt trading idea
SEIUSDT experienced a significant drop, completing a potential double-bottom formation following the breakdown of a rising wedge. This structure suggests a possible trend reversal, with the current price action showing early signs of accumulation after rebounding from the established low.
The key area to monitor is the immediate resistance zone, which serves as a validation level for bullish momentum. A confirmed breakout above this level would indicate strength, shifting focus toward the supply zone, which aligns with the pattern's neckline. If this level is reclaimed, further upside potential could unfold.
Market conditions will be closely monitored, and updates will follow as price action develops.
The key area to monitor is the immediate resistance zone, which serves as a validation level for bullish momentum. A confirmed breakout above this level would indicate strength, shifting focus toward the supply zone, which aligns with the pattern's neckline. If this level is reclaimed, further upside potential could unfold.
Market conditions will be closely monitored, and updates will follow as price action develops.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Advert/Partnership: t.me/WESLAD
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.