Technical analysis by AdaFiy about Symbol SEI: Buy recommendation (2/8/2024)

SEIUSDT.P It hosts a double bottom formation in daily views. The formation looks very nice. 1⃣ The region around 0.7546, which is the neckline in terms of the double bottom formation and also coincides with the weekly pivot - resistance level, should be broken in volume. 2⃣ Possible re-test or correction movement should ensure permanence with closes above the 0.7546 level. Then, the possibility of a reaction will increase until the monthly resistance level of 0.8841. 3⃣ BTC It should continue its blessed walk by holding on to 43876.