š $SEI /USDT Technical Breakdown ā Price: 0.2849
š Market Mood: Weak recovery zone after consistent downtrend
š 24H Range: 0.2780 ā 0.2950
š Structure: Tight range forming below resistance with support holding for now
š Volume: Weak follow-up ā bulls not stepping in yet
ā ļø Trend: Bearish overall, but early signs of sideways compression
š» Key Support Zones:
1ļøā£ 0.2780 ā Intraday support, tested 3 times
2ļøā£ 0.2650 ā Strong buyer interest zone
3ļøā£ 0.2500 ā Long-term base and psychological key level
4ļøā£ 0.2320 ā If broken down further, expect liquidity grab
šŗ Key Resistance Zones:
1ļøā£ 0.2950 ā First line bulls must flip
2ļøā£ 0.3100 ā Lower high from breakdown zone
3ļøā£ 0.3350 ā Strong resistance that caused last rejection
4ļøā£ 0.3550 ā Trend reversal zone with major volume clusters
š Indicators Watch:
š RSI (14): Around 42 ā in weak territory, but holding steady
š MACD: Bearish histo fading ā early sign of bullish interest
š Bollinger Bands: Price compressing ā breakout setup soon
š Moving Averages:
9 EMA: Above current price ā acting as resistance
21 EMA: Flat ā confirms no current momentum
š§ Chart Insight:
SEI has been range-bound between 0.2780 and 0.2950 for the last few sessions. This type of compression after a drop usually leads to a strong move either up or down. Watch closely for the breakout candle with high volume.
šÆ Strategy Setup:
š Buy Entry Zone: 0.2820ā0.2855
šÆ Target 1: 0.2950
šÆ Target 2: 0.3100
šÆ Target 3: 0.3350 (if breakout sustained)
š Stop-loss: Below 0.2740 for protection
āļø Risk/Reward: Medium ā best for breakout traders or range scalpers
š¬ Final Summary:
SEI is holding a critical support zone and forming a potential breakout structure. A push above 0.2950 with volume can ignite a rally toward 0.3100+.
However, failure to hold 0.2780 will likely trigger fresh selling down to 0.2650 or 0.2500.
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