SEI/USDT: Bullish Butterfly in Play – Will This Support Hold ?Yello, Paradisers! Are you keeping a close eye on #SEIUSDT? This pair has been quietly forming a Bullish Butterfly pattern, and we’re sitting right on the critical D leg support. But remember, it’s not all sunshine – there are some key resistance levels ahead, and the market isn’t always forgiving if you lose focus.
💎#SEIUSDT has completed the XABCD leg structure of the Butterfly pattern perfectly, and we’re now resting on the D leg, a crucial support zone. On higher timeframes, this level has held strong, suggesting a probable potential bullish bounce from here.
💎The Major Support Zone is around 0.3328.This level aligns with the X leg of the Bullish Butterfly pattern. It’s a critical price floor, and as long as SEIUSDT stays above it, bulls have a strong probability to regain control and push prices upward.
💎SEIUSDT is currently sitting on the D leg of the pattern, which is acting as a secondary support. This level has already shown strength on higher timeframes, giving bullish momentum a chance to sustain from here.
💎The first minor resistance zone is coming up soon. Watch for a candle close above this level to confirm bullish continuation.If SEIUSDT clears that, the next resistance is at 0.5934 to 0.6126, followed by a stronger zone between 0.7120 to 0.7364.These levels could offer significant opportunities for bulls, but they won’t be easy to break through without strong volume.
💎The pattern invalidates if the price closes below the X leg at 0.3328.If that happens, it’s a warning sign that the bullish structure has failed, and a deeper retracement could follow.
💎Stay disciplined, Paradisers. The Bullish Butterfly pattern is a promising setup, but patience is key. Watch how SEIUSDT behaves at the upcoming resistance zones, and wait for confirmations before making moves.
Trading isn’t about chasing every pump – it’s about positioning yourself where the probabilities are in your favor. Let’s trade smart and avoid getting caught on the wrong side of the market.Play it safe, Paradisers. The market rewards patience and discipline. Focus on the bigger picture, and you’ll stay ahead of 90% of traders out there.
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