Technical analysis by CryptoAnalystSignal about Symbol SEI: Sell recommendation (1/6/2026)

CryptoAnalystSignal
#SEI/USDT Looks Bearish (1H)

#SEI The price is moving in a descending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking it. A retest of the upper limit is expected. We have an upward trend on the RSI indicator, which has reached near the upper limit. A downward reversal is expected. There is a key support zone in green at 0.1342. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend of consolidation above the 100-period moving average, as we are moving close to it. This supports a downward move towards touching this level. Entry price: 0.1300 First target: 0.1281 Second target: 0.1240 Third target: 0.1200 Stop loss: Above the resistance zone in green. Don't forget a simple thing: capital management. For inquiries, please leave a comment. Thank you.