Current Market Signal: The TD Sequential indicator has accurately tracked SEI price movements over the past three weeks and is now signaling a "BUY" at a trading price of around $0.302.
Indicator Performance: Crypto analyst Ali noted that the TD Sequential has consistently predicted reversals in SEI's price whenever it reaches a "9" in its sequence, indicating potential market exhaustion.
Recent Price Action: SEI recently experienced a drop to approximately $0.293 after a significant pullback, coinciding with the TD Sequential printing a "9" candle on the 4-hour timeframe, historically marking turning points.
Market Outlook: Unlike many lagging indicators, the consistent performance of the TD Sequential makes the current buy signal noteworthy, suggesting the possibility of an impending rebound in SEI's price.
