SEI Price Prediction: Technicals Point to a Skyrocket Move After $0.26 Retest
The post SEI Price Prediction: Technicals Point to a Skyrocket Move After $0.26 Retest appeared on BitcoinEthereumNews.com. SEI is showing renewed signs of strength after retesting a critical neckline level near $0.26. A confirmed breakout from an inverse head and shoulders pattern has fueled optimism around a potential upward continuation. Supported by increasing trading volume and solid technical structure, the asset is drawing attention as it consolidates above key support. Market participants are now watching for a possible breakout toward higher resistance levels in the near term. Pattern Breakout Confirms Bullish Setup Analyst Crypto Feras (@CryptoFeras) identified a well-formed inverse head and shoulders (iH&S) pattern on the SEI/USDT daily timeframe. The neckline, positioned between $0.26 and $0.27, has now been decisively breached, and a successful retest has validated the breakout. Price has since moved above the neckline, aligning with bullish expectations derived from this reversal pattern. The technical structure is considered complete, with the right shoulder and neckline breakout already confirmed. Source: X Chart by Crypto Feras According to the measured move from the base of the pattern near $0.15, the projected target now stands at $0.499. Volume expansion during the breakout phase adds strength to the technical thesis, suggesting active participation. Historical support at $0.213, which aligns with the head’s base, reinforces the foundation of the pattern. With short-term momentum already pushing toward $0.315, the breakout could extend if buying interest persists and macro sentiment remains supportive. Momentum Grows as Bulls Defend $0.26 Level Brave New Coin data shows a 24-hour price gain of 2.78%, placing SEI at $0.27. Throughout the session, the price fluctuated between $0.258 and $0.266, forming a structure of higher lows that supports bullish momentum. This movement came on the heels of the confirmed iH&S breakout, suggesting a potential trend shift in favor of buyers. The neckline retest at $0.26 has held, turning a former resistance into support and reinforcing confidence in…
The post SEI Price Prediction: Technicals Point to a Skyrocket Move After $0.26 Retest appeared on BitcoinEthereumNews.com.
SEI is showing renewed signs of strength after retesting a critical neckline level near $0.26. A confirmed breakout from an inverse head and shoulders pattern has fueled optimism around a potential upward continuation. Supported by increasing trading volume and solid technical structure, the asset is drawing attention as it consolidates above key support. Market participants are now watching for a possible breakout toward higher resistance levels in the near term. Pattern Breakout Confirms Bullish Setup Analyst Crypto Feras (@CryptoFeras) identified a well-formed inverse head and shoulders (iH&S) pattern on the SEI/USDT daily timeframe. The neckline, positioned between $0.26 and $0.27, has now been decisively breached, and a successful retest has validated the breakout. Price has since moved above the neckline, aligning with bullish expectations derived from this reversal pattern. The technical structure is considered complete, with the right shoulder and neckline breakout already confirmed. Source: X Chart by Crypto Feras According to the measured move from the base of the pattern near $0.15, the projected target now stands at $0.499. Volume expansion during the breakout phase adds strength to the technical thesis, suggesting active participation. Historical support at $0.213, which aligns with the head’s base, reinforces the foundation of the pattern. With short-term momentum already pushing toward $0.315, the breakout could extend if buying interest persists and macro sentiment remains supportive. Momentum Grows as Bulls Defend $0.26 Level Brave New Coin data shows a 24-hour price gain of 2.78%, placing SEI at $0.27. Throughout the session, the price fluctuated between $0.258 and $0.266, forming a structure of higher lows that supports bullish momentum. This movement came on the heels of the confirmed iH&S breakout, suggesting a potential trend shift in favor of buyers. The neckline retest at $0.26 has held, turning a former resistance into support and reinforcing confidence in…
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