$SEI

**SEI/USDT Analysis: Bearish Pressure Intensifies as Volume & Patterns Signal Downside**

**Key Observations:**

1. **Volume & Liquidity:**

- **24h Volume** remains high (~946M SEI / $285M USDT), indicating strong interest.

- Current volume (21.7M) exceeds **5-day MA (18.2M)**, confirming seller dominance.

- Declining MA(10) (14.9M vs. 5-day MA) suggests weakening bullish momentum.

2. **Price Action (15m Timeframe):**

- **M-Pattern (Double Top)**: Forming near **$0.302–$0.314**, a classic reversal signal.

- **Critical Support**: **$0.2935** (24h low). A break below this could accelerate selling.

- **Sellers > Buyers**: Lower highs ($0.314 → $0.299) and rejection at resistance levels show bearish control.

*Actionable Levels:**

- **Resistance**: $0.3020 → $0.3052 (recent swing highs).

- **Support**: **$0.2935** (break = bearish confirmation) → $0.285.

**Strategy:**

- **Short setups** favored if price holds below $0.30 with rising volume.

- **Stop-loss**: Above $0.3052 for counter-trend longs.

*Note: Monitor Binance depth charts for liquidity shifts—large asks above $0.305 could trap bulls.*

**TL;DR:** SEI’s high volume + M-pattern + weekly bearish close risk hint at further downside. Sellers are in control unless $0.305 is reclaimed decisively. 🚨