$SEI /USDC – OVERSOLD BOUNCE FROM KEY SUPPORT LEVEL
SHARP DROP FOLLOWED BY REJECTION WICKS
EMA GAP WIDENING – POTENTIAL SHORT-TERM REVERSION
BUYERS DEFENDING $0.2822 ZONE
$SEI /USDC plunged from $0.3119 and tapped a key support at $0.2822. A small bullish reaction is visible with price attempting to reclaim EMA7, signaling a possible relief bounce.
🟢 LONG TRADE SETUP
Entry Zone: $0.2860 – $0.2875
Take Profit (TP): $0.2940
Stop Loss (SL): $0.2815
Market Outlook: While the trend remains bearish on higher timeframes, a short-term relief bounce is likely if $0.2822 holds. Watch for reclaim of EMA25 to confirm a shift.
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