Will the Double Bottom hold or fail? Plot your targets on the chart.
Reversal pattern after a downtrend.
A clear signal has emerged for Sei (SEI) on the daily chart. Currently at $0.04, the asset is showing downward momentum (-2.5%). The primary technical feature is a Double Bottom formation. The trend indicator is reading 65.1/100, suggesting high momentum. A potential breakout level is identified at $0.06, targeting $0.07 with support near $0.05 (R:R 2.0).
What is your outlook on SEI?