Seiusdt trading idea

SEIUSDT experienced a significant drop, completing a potential double-bottom formation following the breakdown of a rising wedge. This structure suggests a possible trend reversal, with the current price action showing early signs of accumulation after rebounding from the established low.

The key area to monitor is the immediate resistance zone, which serves as a validation level for bullish momentum. A confirmed breakout above this level would indicate strength, shifting focus toward the supply zone, which aligns with the pattern's neckline. If this level is reclaimed, further upside potential could unfold.

Market conditions will be closely monitored, and updates will follow as price action develops.