#SEI/USDT- Final Support Before a Major Reversal or Breakdown

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#SEI/USDT - Final Support Before a Major Reversal or BreakdownSEI / TetherUSBINANCE:SEIUSDTCryptoAnalystSignal#SEI The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.1116. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.1130 First target: 0.1139 Second target: 0.1158 Third target: 0.1179 Stop loss: Below the support zone in green. Don't forget a simple thing: capital management. For inquiries, please leave a comment. Thank you.