$SEI USDT BEARISH REVERSAL SIGNAL — MOMENTUM FADES BELOW RESISTANCE
After peaking near $0.2888, $SEI USDT is showing signs of weakness, struggling to hold above the mid-Bollinger Band and dipping below short-term support. Selling pressure is increasing, and the rejection at the upper Bollinger band suggests a local top may have formed.
TRADE SETUP 🔻
Short Entry: $0.2760 – $0.2780
Take Profit Targets:
• TP1: $0.2680
• TP2: $0.2610
Stop Loss: $0.2835
Risk Allocation: 2-3% of wallet
Leverage: 10x
Market Outlook:
Momentum is cooling off as the price fails to sustain its bullish run. A breakdown below $0.2750 could accelerate downside toward the lower Bollinger Band, with bears gaining control unless a sharp reversal occurs. Watch for volume confirmation on further red candles.
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buy and trade here on $SEI