Technical analysis by MoriartyTrading about Symbol SEI: Buy recommendation (2/24/2025)

MoriartyTrading

📉 LONG SEIUSDT.P from $0.2747🛡 Stop loss: $0.2640🕒 Timeframe: 4H✅ Market Overview:➡️ Falling Wedge pattern has played out — confirmed breakout to the upside.➡️ A strong Inverse Head and Shoulders pattern is visible — neckline broken with momentum.➡️ Volume increases on upward impulse — bullish confirmation.➡️ Current price is consolidating slightly — likely preparing for the next leg up.➡️ POC at $0.1697 is far below — market structure flipped bullish.➡️ Clear upward projection toward the $0.2810–$0.2910 range.🎯 TP Targets:💎 TP 1: $0.2810💎 TP 2: $0.2870💎 TP 3: $0.2910📢 Holding above $0.2740 confirms bullish structure.📢 Watch for minor resistance near TP1, then potential continuation to TP2 and TP3.📢 Secure partial profits at TP1, and let the rest ride toward higher targets.📢 It’s advisable to partially take profits near the specified resistance levels.📢 A retest of the breakout zone (around $0.22) is possible — this can be used for adding to the position.🚀 SEIUSDT.P remains in bullish continuation mode — targets still active!