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$SEI - Has the long-term bottom been reached? 📈
After yesterday's analysis, the price is testing again:
- Trend break [H4] ✅
- Fibonacci level test 0.786 ( daily ) ✅
On-chain metrics: Still growing 📊
Bullish divergence RSI on the daily timeframe, in the demand zone on the monthly chart 📈
Weekly forecast:
Strong overbought → Strong bullish correction zone
Such tests often lead to strong reversals [confirmation awaited].
My opinion:
#SEI remains a reliable level for the long-term. $SEI