Technical analysis by CryptoNuclear about Symbol SEI: Buy recommendation (7/4/2025)

📊 Full Technical Analysis:The SEI/USDT daily chart reveals a compelling setup with strong breakout potential. Here's a detailed breakdown:🔍 Pattern & Key Structure:Descending Trendline Breakout: SEI has successfully broken out of a long-term descending trendline that has suppressed price action since December 2024 — a strong early signal of a bullish reversal.Bullish Retest in Progress: The price is currently retesting the breakout area, aligning with a historical demand zone and Fibonacci retracement levels of 0.5 ($0.2468) and 0.618 ($0.2259).Previous Consolidation Zone: SEI previously moved sideways within a yellow box between $0.18 – $0.25. The breakout from this zone adds bullish confirmation.🟢 Bullish Scenario:If SEI holds above the key demand zone ($0.2259 – $0.2468), a strong rally could follow, targeting these Fibonacci resistance levels:🔸 $0.3068🔸 $0.3367🔸 $0.4696🔸 $0.5438🔸 $0.6086🔸 $0.6500🔸 Final target: $0.7013 (major resistance)This scenario is validated by a higher low formation and a continuation of the current uptrend, especially if backed by strong volume.🔴 Bearish Scenario:If the price breaks below the demand zone ($0.2259 – $0.2468), further downside may be expected, with potential support levels at:🔻 0.786 Fibonacci at $0.1961🔻 Historical support zones at $0.18 and $0.13A bearish breakdown would invalidate the bullish structure and suggest sellers remain in control.📐 Pattern Summary:Pattern Type: Descending Trendline Breakout + Bullish RetestValidation: Retest aligned with Fibonacci & prior consolidationBias: Bullish, as long as the price holds above $0.2259📝 Conclusion:SEI/USDT is showing early signs of a bullish reversal after a breakout from its long-term downtrend. A continuation toward higher Fibonacci levels is likely if the price holds the key demand zone. Traders should watch for bullish confirmation signals near support before entering.#SEI #SEIUSDT #CryptoBreakout #BullishSetup #TechnicalAnalysis #FibonacciTrading #CryptoSignals #AltcoinSeason #ChartPattern #CryptoTA