$SEI 🚀 🔥 PUMPING CONTINUATION 🔥
📈 Chart & Technical Analysis
Support & Resistance
Support sits around $0.16–0.17 (previous weekly lows) — a good long-entry zone if tested.
Resistance lies near $0.22–$0.23, matching prior swing highs. A breakout above this—on strong volume—could open a move to **$0.25+.
Candles & Structure
Swing analysis suggests the pair is in Wave 2 retracement, per Elliott‑wave theory—this implies the uptrend isn't invalidated unless price drops below $0.16.
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💡 Trading Strategy (1–3 days)
Long Entry Setup
Entry: Buy between $0.17–$0.18 (near support).
Stop‑Loss: Just under $0.16 (invalidation zone from Elliott guidance).
Targets:
TP1: $0.22 (first resistance).
TP2: $0.23–0.24 (breakout extension).
Risk/Reward & Positioning
From $0.175 entry:
TP1 yields ~25%, TP2 ~35%.
SL ~9%; ratio ~3:1 — solid for short-term scalping.
🛑 Disclaimer
This is not financial advice, just educational content.
Crypto is speculative: expect high volatility and potential loss.
Always do your own due diligence — monitor crypto news, exchange health, and on-chain trends.
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✅ Summary
🟢 Long entry: $0.17–$0.18
🛑 SL: ~ $0.16
🎯 TP targets: $0.22 then $0.23–$0.24
📊 Monitor: volume, MACD, RSI
🔔 Sentiment: Neutral leaning slight bullish
Trade with discipline—tight stops, defined targets, and attentiveness to technical and macro indicators.
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