Home CryptocurrencySEI Price Analysis: In Cup and handle breakout game, to buy here …

SEI Price Analysis: In Cup and handle breakout game, to buy here …

by Hammad khalil
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Sei’s bullish setup

We have seen that SEI spends the last three weeks consolidating, so this is the time that SEI is in?

SEI value creates classic rapid pattern but faces major resistance

,SEIUSD,

In the last 24 hours, the SEI dropped 5.5%, a one -C -his three -week boundaries agreed between $ 0.317 and $ 0.37. Despite this dip, the broad structure remains creative.

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A textbook cup and handle formation appears to be built on the 1D chart and the price is the time of the “handle”, and many indicators have begun to confirm the factam shift.

“It is a golden cross, and it usually indicates the trend continuity for the reverse.” – 99bitcoins analysis

Meanwhile, overbott signals are shining, in which RSI is pushing the last 75.

Why SEI is still trading sideways despite rapid indicators

While the daily indicators shine rapidly, the catch is that SEI continues to face rejection below $ 0.35 and is stuck in the border.

So far, value action suggests that SEI is still too much closed in consolidation, and the breakout story has not been confirmed just yes.

Is SEI buying now?

The long -term case of SEI remains intact, but the near -term trade setups are clear on 4H. If the BTC remains stable, it can mark a high-inam entry.

Breakout of more than $ 0.35 unlock room to run. $ 0.324 lose, and return to the game under the range.

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key takeaways

  • Sei’s bullish setup

  • While the daily indicators shine rapidly, the catch is that SEI continues to face rejection below $ 0.35 and is stuck in the border.

The Post Sei Price Analysis: Cup and handle breakout in play, when to buy here … first appeared on 99bitcoins.

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