📈 SEIUSDT Weekly Breakout – Bulls in Control
If we zoom out to the weekly timeframe, SEI is doing something very important right now. The price is breaking above a major resistance zone that has been holding it back for a long time. When such a key resistance gets taken out, it often signals the start of a much bigger move.
Looking at the technicals:
RSI on weekly is pushing higher, showing strong momentum.
Structure looks clean — this isn’t just a small bounce, it’s shaping up as a true breakout pattern.
Market expectations are building for upside targets, with $0.75 as a first key level and potentially even $1.00 on the horizon if momentum continues.
Overall, this is a bullish setup where buyers are gaining control. If the breakout sustains, the upside returns could be significant in the coming weeks.
If we zoom out to the weekly timeframe, SEI is doing something very important right now. The price is breaking above a major resistance zone that has been holding it back for a long time. When such a key resistance gets taken out, it often signals the start of a much bigger move.
Looking at the technicals:
RSI on weekly is pushing higher, showing strong momentum.
Structure looks clean — this isn’t just a small bounce, it’s shaping up as a true breakout pattern.
Market expectations are building for upside targets, with $0.75 as a first key level and potentially even $1.00 on the horizon if momentum continues.
Overall, this is a bullish setup where buyers are gaining control. If the breakout sustains, the upside returns could be significant in the coming weeks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FOLLOW MY TELEGRAM CHANNEL FOR FREE : bit.ly/3JfrpgV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.