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Sei Price Could Drop 22% Before Rebounding

Sei's price appears to be forming a double-bottom pattern on the daily chart, indicating a potential rebound after a possible 22% decline.
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AI Analysis

The formation of a double-bottom pattern in Sei's daily chart is a bullish technical indicator, often signaling a reversal from a downtrend to an uptrend. This pattern suggests that Sei's price might ...

AI Recommendation

Traders may consider patience until Sei confirms the double-bottom pattern with a clear price rebound. A short-term dip of around 22% might present a strategic entry point for those looking to buy in ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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