Trading Signals for $SEI /USDT (30m chart)

Current Price: $0.2916

Price Change (24h): -2.74%

$SEI /USDT is currently in a downtrend, forming lower highs and lower lows.

The price recently touched a local low at $0.2892 and is trying to stabilize.

Previous resistance is around $0.3046, and major resistance remains at $0.3144.

24h High: $0.3144

24h Low: $0.2892

Recent Low (Chart): $0.2892

Recent High (Chart): $0.3144

Price Action Analysis

Target Point

Short-Term Upside Target: $0.2990 (minor resistance)

Primary Resistance/Target Point: $0.3046

Downside Risk Level: If price breaks below $0.2892, expect further decline toward $0.2850–$0.2820.

Signal Summary

Trend: Bearish (short term)

Recommendation:

Bearish Bias until price reclaims $0.2990+

Watch for reversal signals near $0.2892 support

Entry Strategy: Consider small speculative long if bullish reversal confirmed above $0.2925 with volume.

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