SeiNetwork (SEIUSDT) is currently riding a clear uptrend. Following the establishment of a long-term demand zone near the $0.56 mark, SEI has consistently printed new higher highs. The most recent peak saw a breakthrough above the 161.8% Fibonacci resistance, suggesting that the uptrend remains robust.
Additionally, after forming an ABC corrective pattern SEI has successfully surpassed the downtrend trendline. Furthermore, the $0.78 level, representing the 61.8% Fibonacci retracement, has repeatedly served as a formidable support zone.
These indicators strongly favor a continued upward trajectory for SEIUSDT, potentially aiming for the 261.8% Fibonacci resistance at $1.4. Upon reaching this milestone, investors and bullish traders stand to gain a substantial 77% return on their investment.
Rest assured, we will diligently monitor SEIUSDT and all other altcoins, keeping you informed of any significant market developments in our channel. Stay tuned for updates on market sentiment and potential trading opportunities!
Additionally, after forming an ABC corrective pattern SEI has successfully surpassed the downtrend trendline. Furthermore, the $0.78 level, representing the 61.8% Fibonacci retracement, has repeatedly served as a formidable support zone.
These indicators strongly favor a continued upward trajectory for SEIUSDT, potentially aiming for the 261.8% Fibonacci resistance at $1.4. Upon reaching this milestone, investors and bullish traders stand to gain a substantial 77% return on their investment.
Rest assured, we will diligently monitor SEIUSDT and all other altcoins, keeping you informed of any significant market developments in our channel. Stay tuned for updates on market sentiment and potential trading opportunities!