Yello! Are you ready to capitalize on #SEIUSDT’s next big move? The asset is about to reach a crucial moment that can make or break it. Let's dive in.
💎#SEIUSDT is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. Why? Because of increasing volume and improving macro market sentiment.
💎The 50EMA is about to cross and the POC of the VRVP is also reinforcing this bullish bias by acting as a support in the major support zone.
💎Now, what if #SEI gets rejected by the upper trend line of the falling wedge? We might see a retest of the bullish order block (OB) at $0.303. This area has consistently provided strong support for #SEI, packed with liquidity.
💎However, should SEI fail to rebound from $0.303, the next critical level to watch is the lower support at $0.23. The probability of a rebound from this level is significantly higher.
💎But if #SEI continues to fall, the bears will take control, potentially leading to a bearish continuation.
Paradisers, always be prepared for any market scenario and stay disciplined in your trading strategy.