SEI Coin
We got into this coin earlier, and it racked up over 20% profit.
Right now, it’s formed a double bottom pattern and closed a 4-hour candlestick above the neckline, which supports the likelihood of continued upward movement.
The preferred entry zone in case of a dip is at 0.0503.
The target is set at 0.0560, with an expected profit margin of 11.33%.
If you're already holding the coin, you can use this analysis to follow the trend; however, if you’re on the sidelines, it's better to wait for a correction to the entry zone instead of chasing the price after the climb.
The stop-loss is set at a 4-hour close below 0.0490, representing a loss of about 2.58%.
The risk-to-reward ratio stands at 4.39 to 1, which is solid provided you stick to risk management and stop-loss protocols.$SEI

{spot}(SEIUSDT)