$SEI 📈 SEI/USDT Market Update – Binance (4H Chart)
📅 Date: Feb 11, 2025 – 15:53 UTC
💰 Current Price: $0.2341
📊 Volume: 21.88M
⚡ Trend: Sideways with slight bullish bias
📍 Key Levels
🔼 Resistance: $0.2419 | $0.2689 | $0.3152
🔽 Support: $0.2324 | $0.2200
📊 Indicators & Pattern Analysis
✅ Candle Formation:
Small rejection wick at resistance ($0.2419) → Selling pressure visible.
Higher low forming → Bulls holding ground.
✅ Chart Pattern:
Ascending Triangle → Possible breakout above $0.2419.
Range Consolidation between $0.2324 - $0.2419 → Awaiting breakout.
✅ Moving Averages:
20-EMA (Green): Acting as support.
50-EMA (Blue): Needs breakout confirmation.
✅ RSI & ADX:
RSI: 51.29 → Slight bullish momentum; must stay above 50 for continuation.
ADX: 20.72 → Weak trend, but bullish pressure increasing (17.13).
📈 Trade Setup
🟢 Long (Buy) – If Breakout Above $0.2419
📌 Entry: $0.2350 - $0.2400
📌 Stop-Loss: $0.2300
📌 Take-Profit: $0.2500 - $0.2680
✅ Confirmation: Strong candle close above $0.2420 + RSI above 50.
🔴 Short (Sell) – If Rejected Below $0.2419
📌 Entry: $0.2380 - $0.2400
📌 Stop-Loss: $0.2450
📌 Take-Profit: $0.2250 - $0.2200
✅ Confirmation: Rejection wick + RSI dropping below 50.
⏳ Trade Duration: 4-12 Hours
📢 Conclusion:
📊 Pattern: Ascending Triangle / Range Consolidation.
⚡ Breakout potential above $0.2419; watch for confirmation.
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