$SEI - Is the long-term bottom in? 📈
Following yesterday's analysis, price is retesting:
-Trend breakout [H4] ✅
-0.786 Fib retest (daily)✅
On-chain metrics: Still growing 📊
Bull div RSI daily, on monthly demand zone 📈
Weekly outlook:
Highly overextended → Strong bullish correction zone
Such retests often lead to strong reversals [awaiting confirmation].
My take:
#SEI remains a solid L1 for long-term DCA! 💎
