What's standing out right now is how that previous resistance level has flipped into solid support—that's the kind of flip that tends to stick around. The market structure has shifted distinctly bullish, and if we manage to keep holding this setup intact, we could be looking at something more substantial this time around.
The key here is maintaining that bullish structure without testing lower levels again. Price action has been cleaning itself up nicely, and the confluence of support holding plus structure staying intact gives us something concrete to work with. Whether this sustains or gets shaken out will depend on whether buyers keep defending this level through the next few sessions.
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ProposalManiac
· 01-04 07:21
The support level reversal pattern, how many times in history has it been broken in the end... The key is to see how long the equilibrium can hold.
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GateUser-9f682d4c
· 01-03 15:52
SEI, this time feels really different. It's the first time I've seen the support level hold so steadily.
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PumpStrategist
· 01-03 15:47
Resistance turns into support, and the typical pattern has formed. But don't rush to go all-in; the RSI is already a bit overheated at this level. I need to see how the trading volume cooperates to determine how far this wave can go.
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DegenApeSurfer
· 01-03 15:47
SEI this time really has something, the support level is holding firm. I'm optimistic it can continue to hold up.
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PessimisticOracle
· 01-03 15:44
Oh no, here we go again with the "looks like it's about to take off" narrative... Can sei really hold it this time? I'm a bit skeptical.
SEI finally breaking out with real momentum.
What's standing out right now is how that previous resistance level has flipped into solid support—that's the kind of flip that tends to stick around. The market structure has shifted distinctly bullish, and if we manage to keep holding this setup intact, we could be looking at something more substantial this time around.
The key here is maintaining that bullish structure without testing lower levels again. Price action has been cleaning itself up nicely, and the confluence of support holding plus structure staying intact gives us something concrete to work with. Whether this sustains or gets shaken out will depend on whether buyers keep defending this level through the next few sessions.