📢SEI/USDT market overview📊
SEI/USDT is approaching a critical downward resistance level on the daily timeframe. This trend line served as a significant barrier to upward price movement for a long time.
The chart shows that SEI/USDT is in a prolonged downtrend, characterized by lower highs and lower lows. The descending resistance line is a key level to watch as price approaches it. A successful break above this resistance could signal the start of a bullish trend, while failure to break above this level could result in continued bearish pressure.
🔥Improve your trading skills with Crypto Scouts!🔥
Stay up to date with the latest market trends and strategies on our Binance blog. Follow us on social media for live updates and community discussions. Be vigilant and adapt your strategies as the market changes. Remember, the crypto market is highly volatile and informed decisions are critical to success.
Team 🔍Crypto Scouts
