The SEI token has exhibited a potential short-term buy signal according to the TD Sequential indicator, as highlighted by crypto analyst Ali. This signal emerged at the monthly open, with the token rebounding from the bottom of a triangle pattern, indicating a possible 10% upward movement. Despite this, the overall trend for SEI remains bearish. Technical indicators such as the RSI, MACD, and Ultimate Oscillator continue to show weakness, maintaining a 'Strong Sell' signal. A breakout above the current triangle pattern and downward trend is necessary to confirm a stronger bullish outlook.
SEI Token Shows Buy Signal Amid Bearish Trend
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