đ„#SEI Spot Signal Analysis đ„
âą Chart Pattern: SEI is moving in a descending channel on the 1-hour timeframe and is expected to continue upwards.
âą Key Indicators:
âą Stabilization above the 100 EMA suggests a bullish recovery.
âą RSI shows a descending trend, with potential for a breakout to the upside.
âą Support Level: 0.4442 (lower limit of the channel).
Trade Setup:
âą Entry: 0.4500
âą Targets:
1ïžâŁ 0.4634
2ïžâŁ 0.4753
3ïžâŁ 0.4890
đš Manage risk accordingly.