A potential rebound for SEI, the native cryptocurrency of the SEI network, is brewing. Multiple TD Sequential buy signals have emerged on the 6-hour chart, indicating a weakening of selling pressure and increased chances of a short-term price surge. 📈
SEI’s current market range appears to be near a significant support zone, as indicated by recent candlestick patterns with small bodies and long wicks – suggesting buyers are absorbing remaining selling volume near the crucial support levels.
The TD Sequential buy signals point towards potential turning points in price action. If a breakout above $0.198-$0.200 occurs, it could trigger a further increase to $0.210, signaling a potential shift in short-term momentum for SEI.