$SEI /USDT 5 Minutes: Testing the Patience of Scalpers! 🤔

Hello tough scalpers! 👋 Let's take a look at SEI/USDT on the 5-minute timeframe! It seems that SEI is a bit uncertain after the spike this morning.

Important Points:

- The uptrend is starting to relax! 😴 The EMAs are getting close together, indicating consolidation or a slight correction.

- There is a mini "double top" pattern, which could be a signal that the price wants to take a break downwards.

- Trading volume is low, not very convincing to push the price anywhere.

- The price is still above the VWAP, but it's getting close. VWAP could be an important support!

Optimistic Suggestion:

If SEI can hold above the VWAP or EMA 50, there might be a chance for a retest of resistance above. Be ready for a quick reaction!

Cautious Suggestion:

But if it breaks the VWAP, it might look for lower support. Remember, in markets like this, false breakouts are common! So, set tight stop-losses to avoid being tricked.

Conclusion:

SEI/USDT on the 5-minute is in a "sideways" phase. It’s better to wait for clear confirmation before opening positions. Don’t go against the tide! 🌊

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