$SEI Slipping Through the Cracks Can the Freefall Be Caught❓❓
$SEI is in a relentless downtrend after rejecting from $0.1854, with no sign of bullish defense on the 1H chart. Every bounce attempt has been sold off, and the recent drop to $0.1582 confirms heavy bearish pressure.
Short Trade Setup (1H Timeframe):
• Entry Zone: $0.1590 – $0.1605
• Take Profit 1: $0.1540
• Take Profit 2: $0.1480
• Take Profit 3: $0.1410
• Stop Loss: $0.1655
Key Insights:
• 10+ red candles in a row signals trend exhaustion, but no bottom yet
• Order book shows nearly equal pressure, but momentum favors bears
• A clean break below $0.1580 opens the gates for deeper downside
Keep a close eye SEI might offer scalping chances if the waterfall continues. Want a version stylized for social media? Just let me know.