Technical analysis by CryptoAnalystSignal about Symbol SEI: Buy recommendation (10/3/2024)

#SEIThe price is moving in a descending channel on the 4-hour frame and is holding it strongly and is about to break out to the upsideWe have a bounce from the lower limit of the channel at 0.4100We have a bearish trend for the RSI that is about to break out, which supports the upsideWe have a trend to stabilize above the 100 moving averageEntry price 0.4200First target 0.4540Second target 0.4843Third target 0.5130