📈 $SEI /USDT Technical Update** 📈
The SEI/USDT pair has broken out of a long falling wedge pattern, signalling a potential bullish reversal! Currently trading at $0.4614, the pair is up by 6.51% today, showing strong upward momentum.
🔑 Key Takeaways:
- The breakout is confirmed with solid volume, and the next resistance levels to watch are 0.5040 and $0.6500
- Support levels are now at $0.3314 and $0.2026, forming a solid base for potential further gains.
- The bullish breakout suggests the pair could continue its upward trend toward previous highs.
Traders should be cautious but optimistic as the breakout could lead to more significant gains if momentum is sustained. 🚀