SEI / TetherUS
Updated

SEIUSDT Assessing the Recent Bounce and Future Trends

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The SEIUSDT price recently reached our identified internal demand zone, triggering a sharp upward movement. The sustainability of this bounce will become evident within the next 72 hours. Our analysis anticipates that this upward movement will persist, aiming for a pullback towards the immediate sell-off zone before any further decline. The external demand zone, highlighted on the chart, represents a strategic point for significant accumulation.
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Internal demand zone did the wonder here, what an analysis.

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SEI make a good bounce on the internal demand zone test and we believe this should pave a good opportunity for accumulation on the second test.

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Price clearing the immediate target area, we must pay close attention to the price action here to determine continuation or short term reversal.

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SEI break bullish and it's holding very strong, the provided buy back area will be a good place to add more bags.

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The price is currently consolidating above a critical demand area, suggesting that further upward movement is likely. We should consider the buy-back levels indicated for re-accumulation in this zone to capitalize on potential gains and still expecting the wave to reach the top zone as presented.

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Note
We identified a potential ascending channel formation, suggesting the coin's next move is to target the upper boundary of the channel after reaching the bottom.

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