POSITION: 🔻 SHORT

$SEI /USDT

📉 Entry Zone: 0.2761 – 0.2830

🎯 Targets:

→ 0.2734

→ 0.2707

→ 0.2679

→ 0.2649

→ 0.2623

→ 0.2597

🛑 Stop Loss: 0.2889

⚙️ Leverage: 20x

📊 Technical Analysis:

RSI (14): Hovering near 70, indicating overbought conditions and potential for downside reversal.

MACD: Bearish crossover forming with histogram fading — suggests slowing bullish momentum.

Price Action: Struggling below resistance at 0.2830, forming a lower high pattern.

📌 Conclusion: Confirmation from both RSI and MACD supports a short position. Enter within the range and manage risk with tight SL.