📢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.
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