🚀 $SEI HAS BOUNCED. NOW IT NEEDS TO BREAK THE PATTERN.
The weekly chart still shows lower highs, with $SEI trading around $0.0697 after rebounding from the $0.035–$0.05 support zone.
Holding $0.054–$0.06 would help establish a higher low. But the key test is $0.085–$0.10, where the latest recovery stalled.
A weekly breakout followed by a successful retest could open $0.14–$0.16, then $0.20.
That final level sits roughly 187% above the current price, conditional on those resistance zones becoming support.
Lose $0.05, and the recent lows come back into play. The recovery needs confirmation before we can call it a reversal.
The weekly chart still shows lower highs, with $SEI trading around $0.0697 after rebounding from the $0.035–$0.05 support zone.
Holding $0.054–$0.06 would help establish a higher low. But the key test is $0.085–$0.10, where the latest recovery stalled.
A weekly breakout followed by a successful retest could open $0.14–$0.16, then $0.20.
That final level sits roughly 187% above the current price, conditional on those resistance zones becoming support.
Lose $0.05, and the recent lows come back into play. The recovery needs confirmation before we can call it a reversal.