SEI SWING LONG OPPORTUNITY - SEI NETWORK

11월 25일

SEI created a weekly demand zone by tapping into the monthly demand. We observed an impulsive bullish trend that broke out of the consolidation zone we've been in since September 29th. The breakout was exceptionally strong, with a daily close above the range. Because of this, I don't anticipate the price dropping back to the range low of the consolidation any time soon.

I expect a retracement to retest the range high of the trend, marked as the weekly demand (purple zone). This aligns with a key Fibonacci level, providing further confluence that the maximum discount zone (blue box) could be where the price reverses.

I will look for LTF confirmations before initiating the trade.

My expectation is a direct move toward the all-time high. I plan to carry this position as a swing trade until the end of the bull cycle.

SL: $0.28 (Below the daily close)
TP: $1.14 (All-time high

6일 전

액티브 트레이드

Entered trade