SEIUSDT Approaching Triangle Breakout

SEI has been consolidating within a symmetrical triangle on the daily chart. After weeks of compression, price is now testing the upper resistance trendline. A breakout could trigger strong upside momentum.

Key Points

- Triangle Pattern: Price has formed higher lows against flat resistance, signaling pressure building for a breakout.

- Golden Crossover: The 50 EMA recently crossed above the 200 EMA, strengthening the bullish outlook.

-Volume Profile: Key accumulation zone around $0.28 acting as strong support.

- Upside Potential: A confirmed breakout above $0.345 could send SEI toward $0.50–$0.65.

Trading Plan

Entry Zone: On breakout confirmation above $3.45

Target (TP): $0.50 – $0.650 initially, higher if momentum continues.

Stop-Loss (SL): Below $0.27 support.

Cheers
Hexa