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Seicoin

SEI/USDT Perfect Bounce from the demand level. Make new high ??💎 SEI has been a significant point of focus in the market, recently showcasing a robust bounce from the demand level, marked by a strong green candle. This positive response suggests a potential continuation of its upward trajectory, with the next likely target being the Fibonacci target area. 💎 However, if SEI struggles to achieve a new high and retreats back to the demand area, there's a risk that it might break below this level. Such a development could signal a bearish turn for SEI, potentially leading it towards the support level area.
by MyCryptoParadise
1
SEI/USDT It required break the resistance to continue upward!💎 SEI has undoubtedly had a significant impact on the market. Currently, SEI is encountering the local resistance area at $0.1305. If SEI starts to display several bearish rejection candles, it could be indicative of a potential downturn, leading SEI back to a retesting phase at the demand area, with the aim of generating fresh momentum to breach the resistance zone. 💎 However, if SEI successfully overcomes the resistance in the near future, it will be poised for further upward movement and could probability reach our target zone, which includes the supply and major supply areas. 💎 On the flip side, if SEI, during its retesting phase within the range of $0.1180 to $0.1140, fails to sustain this level and even breaches the demand area, this would signify an adverse development for SEI. It would signal a shift back to a bearish trajectory, with the possibility of descending to the key support area.
by MyCryptoParadise_Nathan
7