π Paradisers, the recent market dynamics surrounding #SEI have indeed been noteworthy.
π Experiencing rejection at the resistance area and retracing back to the support, SEI now requires a bounce to attempt another breakout above resistance.
π Success in breaking this resistance could pave the way for a bullish reversal, potentially leading to the attainment of our target area.
π However, should SEI fail to find support at the current level, resulting in a breakdown below the support area, the next likely target would be the demand area.
π The demand zone holds significant importance as SEI needs to bounce from it and reclaim the price above the support level of 0.464 to sustain upward momentum. Failure to achieve this could result in SEI continuing its downward trajectory.
MyCryptoParadise
iFeel the successπ΄
π Experiencing rejection at the resistance area and retracing back to the support, SEI now requires a bounce to attempt another breakout above resistance.
π Success in breaking this resistance could pave the way for a bullish reversal, potentially leading to the attainment of our target area.
π However, should SEI fail to find support at the current level, resulting in a breakdown below the support area, the next likely target would be the demand area.
π The demand zone holds significant importance as SEI needs to bounce from it and reclaim the price above the support level of 0.464 to sustain upward momentum. Failure to achieve this could result in SEI continuing its downward trajectory.
MyCryptoParadise
iFeel the successπ΄
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