Jump to content
Create New...

SEI Price Analysis: Cup and Handle Breakout in Play, Here’s When to Buy…

🎧
Analista ExpertFX

ExpertFX Podcast -
No time to read? Let me read it for you. Press Play!


Ben Graham
 Share

Recommended Posts

  • REDATOR

SEI’s bullish setup is starting to take shape, and we might be looking at the best entry point in weeks, but there’s an important catch.

We’ve seen SEI spend the past three weeks consolidating in a defined range while everything else in the altcoin space has ripped. So is now the time to ape into SEI?

SEI Price Forms Classic Bullish Pattern But Faces Key Resistance

SEI Price Analysis: Cup and Handle Breakout in Play, Here’s When to Buy… - ExpertFX School
(SEIUSD)

Over the past 24 hours, SEI dropped 5.5%, once again testing the lower bounds of its three-week range between $0.317 and $0.37. Despite this dip, the broader structure remains constructive.

A textbook Cup and Handle formation appears to be forming on the 1D chart and the price is attempting to break out of the “handle” portion, and multiple indicators are starting to confirm the momentum shift.

“That’s a Golden Cross, and it typically signals trend continuation to the upside.” – 99Bitcoins Analyts

Meanwhile, overbought signals are flashing, with the RSI pushing past 75. It’s a classic setup for a pause or pullback, though still structurally bullish.

Why SEI Is Still Trading Sideways Despite Bullish Indicators

While the daily indicators flash bullish, the catch is that SEI continues to face rejection below $0.35 and remains stuck in range.

So far, price action suggests that SEI is still very much locked in consolidation, and the breakout narrative hasn’t been confirmed just yet.

Is SEI a Buy Right Now?

SEI’s longer-term case is intact, but near-term trade setups are clearer on the 4H. If BTC stays stable, this could mark a high-reward entry.

A breakout over $0.35 unlocks room to run. Lose $0.324, and the bottom of the range is back in play.

EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Key Takeaways

  • SEI’s bullish setup is starting to take shape, and we might be looking at the best entry point in weeks, but there’s a catch.
  • While the daily indicators flash bullish, the catch is that SEI continues to face rejection below $0.35 and remains stuck in range.

The post SEI Price Analysis: Cup and Handle Breakout in Play, Here’s When to Buy… appeared first on 99Bitcoins.

💬 Did you like this content? Your feedback is very important!
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Terminal Visitor
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

Trading Hub
Market Open
Sincronizando dados...
Sentiment Varejo
CONTRÁRIO
  • Analisando fluxo...
Avalie a ExpertFX School no Trustpilot e
contribua com a nossa evolução!
Trust Pilot


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.