SEI Surpasses Key Resistance, Signaling Potential 104% Rally

A technical analysis of SEI suggests a potential trend reversal after months of decline. The asset recently broke out of a falling wedge pattern, indicating a slowdown in selling pressure and a possible shift towards bullish momentum. The price surged to $0.1792 beyond its key resistance line of $0.1720, demonstrating a 14.3% increase with rising trading volume. Technical projections suggest this breakout could lead to a maximum rally of 104.16%.