SEIUSDTThe SEI token, on the weekly timeframe, shows potential for significant growth. Currently, it appears to have initiated an upward trend. Observing the chart, we can note a shift in the bearish structure, which is an important signal for a potential trend reversal. The momentum is evident in the 4-hour and daily candles, reflecting growing bullish strength.
From a technical perspective, this shift in structure, combined with the visible momentum, suggests that SEI might be a strong candidate for long-term investment. However, as always, it is crucial to perform thorough analysis, consider market conditions, and assess potential risks before committing to any investment.
For further clarity, additional support levels, resistance zones, and confirmation of the trend should be analyzed to strengthen the case for long-term growth.