Technical analysis by vs_sayin about Symbol SEI on 8/6/2025

SEI is currently moving into a channel which is providing a very specific outlook. At the moment, it is hard to determine if the outlook is bullish or bearish in the mid term. If we ignore BTC and the possible altcoin bull run to cut out the noise, I believe this asset is either getting ready to pump 10x or is on a one-way ticket to hell. The orange arrow on the chart represents the most likely path for this asset for now. Thanks for reading.