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