$SEI /USDT – Consolidation with Potential Breakout
SEI/USDT is trading at $0.4249, up 2.26% in the last 24 hours. The chart shows a consolidation phase, suggesting a potential breakout in either direction.
Trade Plan:
• Entry: Around $0.425 for a breakout trade.
• Targets:
• Target 1: $0.44
• Target 2: $0.47
• Target 3: $0.50
• Stop Loss: $0.41 to minimize risk.
Key Observations:
• Moderate upward momentum in the short term.
• Volume is balanced, indicating buyer and seller equilibrium.
• 4-hour chart shows possible reversal signals.
Keep an eye on volume and key levels for confirmation. Trade carefully!