SEI's recent trend is worth paying attention to. The current price is consolidating around 0.1249, with the volatility gradually narrowing, which usually indicates that a direction choice is imminent.
From a technical perspective, the situation is actually quite interesting. SEI previously followed the broader market downward, but formed a fairly solid double bottom support around 0.118 — this is not a coincidence, indicating that buying interest is actually stepping in at this level. The RSI indicator has already moved out of the oversold region, showing signs of gradually strengthening.
If you are optimistic about the future trend, you might consider the following participation methods: - Entry zone: between 0.122 and 0.126 - Stop loss set at: 0.115 (below the double bottom support) - First target: 0.145 - Second target: 0.160
With a 24-hour increase of 5.3%, although the upward momentum isn't fierce, combined with the improvement in technical indicators, it looks like a buildup phase. Breakouts from this range often occur at such times, so patience and confirmation signals are key.
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BearMarketGardener
· 4h ago
The double bottom support theory sounds good, but I'm worried it might just be another trap setup.
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DeFiDoctor
· 4h ago
I've heard this double bottom spiel too many times. If there were real buyers stepping in, it would have already taken off. They're just squeezing toothpaste here.
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MonkeySeeMonkeyDo
· 4h ago
The double bottom position has long been identified, just waiting for this breakout. 0.145 is not a dream.
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OnchainFortuneTeller
· 4h ago
Double bottom support is indeed interesting, but I'm worried it might just be another scam to break through.
SEI's recent trend is worth paying attention to. The current price is consolidating around 0.1249, with the volatility gradually narrowing, which usually indicates that a direction choice is imminent.
From a technical perspective, the situation is actually quite interesting. SEI previously followed the broader market downward, but formed a fairly solid double bottom support around 0.118 — this is not a coincidence, indicating that buying interest is actually stepping in at this level. The RSI indicator has already moved out of the oversold region, showing signs of gradually strengthening.
If you are optimistic about the future trend, you might consider the following participation methods:
- Entry zone: between 0.122 and 0.126
- Stop loss set at: 0.115 (below the double bottom support)
- First target: 0.145
- Second target: 0.160
With a 24-hour increase of 5.3%, although the upward momentum isn't fierce, combined with the improvement in technical indicators, it looks like a buildup phase. Breakouts from this range often occur at such times, so patience and confirmation signals are key.