$SEI /USDT BEARISH BREAKDOWN AHEAD?
The price of $SEI/USDT is currently trading at 0.1655, showing a sharp -9.96% drop in the last 24 hours 🚨. The 1-hour chart reveals a strong bearish momentum after a failed breakout near the resistance zone.
📉 KEY LEVELS:
Resistance: $0.1750 – $0.1850 ❌
Support: $0.1644 (recent low) ✅
Current Price: $0.1655
🔎 The price recently touched a high of $0.1854 but faced massive rejection, followed by heavy selling pressure with consistent red candles. The structure now favors the bears, especially below $0.1700.
💼 TRADE SETUP: SHORT ENTRY
📍 Entry Zone: $0.1660 – $0.1680
🎯 Take Profit 1: $0.1600
🎯 Take Profit 2: $0.1550
🛑 Stop Loss: $0.1725
⛔ If price closes above $0.1725 with strong volume, it may invalidate the setup.
📊 RISK MANAGEMENT TIP:
Use 1–2% of your capital per trade only. Always set SL to protect from unexpected moves. Don’t revenge trade—let the setup play out patiently! 🔒📉
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