$SEI bouncing from a potential falling wedge : is a breakout next? ๐๐ฅ
STORY TIME ๐
$SEI has been trading inside a potential falling wedge, with price repeatedly respecting the descending resistance and lower trendline.
After recently bouncing from the lower boundary, price is now pushing higher toward the key $0.05086 BoS level.
A clean break above this level could confirm a shift in momentum and open the path toward $0.05733 first, followed by $0.07124.
CHARTONOMICS ๐
โข Entry: $0.04833
โข BoS: $0.05086
โข Target 1: $0.05733
โข Target 2: $0.07124
โข SL: $0.04345
โข R:R: ~1:1.84 โ 1:4.69
EXTRAS โผ๏ธ
Lower trendline bounce + falling wedge + BoS = potential bullish expansion.
Watching $0.05086 closely. ๐
Breakout confirmation > prediction.
August 27, 2026 2.6K 1
