SEI - Breakdown Target Reached
We have been watching SEI's bull market liquidity zone between $0.28-0.32. This is also in confluence with the 0.786 from its macro move.
Sadly, We came within $0.01 of the liquidity zone meaning we missed the perfect retest from a chart perspective. Still, seeing us bounce and find liquidity wanting to front-run that level shows there is a lot of demand for SEI at these prices. A lot of patterns that we have been watching have played out for SEI as we have been pointing out in the charts.
We should expect higher prices for SEI as long as the bottom of our descending triangle ($0.45-0.46) does not act as a new resistance ceiling.
Sadly, We came within $0.01 of the liquidity zone meaning we missed the perfect retest from a chart perspective. Still, seeing us bounce and find liquidity wanting to front-run that level shows there is a lot of demand for SEI at these prices. A lot of patterns that we have been watching have played out for SEI as we have been pointing out in the charts.
We should expect higher prices for SEI as long as the bottom of our descending triangle ($0.45-0.46) does not act as a new resistance ceiling.
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