SEI / TetherUSLong
SEIUSDT: Bullish Breakout with Potential 11x Gains?
SEI (SEIUSDT), the first trading-focused Layer 1 blockchain, is flashing some bullish signals. Let's dive in:
Recent Price Action:
SEI recently broke out of a bull flag pattern, indicating a potential continuation of the uptrend.
The price is currently trading above the 50-day Moving Average (MA), adding another layer of technical support.
Price Target:
The analysis suggests a significant upside potential of around 11x for SEI post-breakout.
Trading Strategy:
Entry: Consider entry within the range of $0.39 - $0.37 for potential accumulation.
Targets: The analysis outlines five potential profit targets:
Target 1: $0.6782
Target 2: $0.9689
Target 3: $1.7314
Target 4: $2.5976
Target 5: $4.8394
Stop Loss: Daily close below the triangle.
Happy Trading!!
#DYOR #SEIUSDT
Recent Price Action:
SEI recently broke out of a bull flag pattern, indicating a potential continuation of the uptrend.
The price is currently trading above the 50-day Moving Average (MA), adding another layer of technical support.
Price Target:
The analysis suggests a significant upside potential of around 11x for SEI post-breakout.
Trading Strategy:
Entry: Consider entry within the range of $0.39 - $0.37 for potential accumulation.
Targets: The analysis outlines five potential profit targets:
Target 1: $0.6782
Target 2: $0.9689
Target 3: $1.7314
Target 4: $2.5976
Target 5: $4.8394
Stop Loss: Daily close below the triangle.
Happy Trading!!
#DYOR #SEIUSDT
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.
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.