After a strong downtrend, SEI has entered a tight consolidation phase. This is a classic "bear flag" or pause before the next potential move down. Trading inside this chop is a high-risk gamble.

A professional trader waits for the market to give a clear signal. We will define the battle lines and only act when a winner is confirmed.

📊 The Analysis: Defining the Battlefield

The price is currently squeezed between a local high and low, forming a dangerous range.

  • 🔹 Resistance (The Ceiling): Sellers are capping any bounce at the $0.2880 level.

  • 🔹 Support (The Floor): Buyers are trying to hold the line at $0.2760.

  • 🔹 The Market Emotion: Fear and uncertainty. The overall trend is down, making any bounce suspect.

📈 The Game Plan: Don't Predict, React.

The #1 rule here is to respect the dominant trend. We will not try to catch the bottom; we will wait for a confirmed signal.

1. The Bearish Continuation Plan (Primary) 🐻

  • ✅ Entry Signal: Wait for a strong 1-hour or 2-hour candle to close decisively BELOW the support at $0.2760. This confirms the downtrend is resuming.

  • 🎯 TP1: $0.2650

  • 🎯 TP2: $0.2500 (The previous major low)

  • 🛑 SL: Place it back inside the range, around $0.2810.

$SEI

2. The Bullish Reversal Plan (Low Probability) 🐂

  • ✅ Entry Signal: For a bullish trade, we need strong proof that the downtrend is over. Wait for a powerful candle to close decisively ABOVE the resistance at $0.2880.

  • 🎯 TP1: $0.3000

  • 🎯 TP2: $0.3150 (The previous lower high)

  • 🛑 SL: Place it back inside the range, around $0.2840.

$SEI

🔥 The Bottom Line: The trend is your friend, and right now, the trend is down. The highest probability trade is to wait for the support to break. Don't fight the current.

👇 Will support hold for a bounce 📈 or are we breaking down further 📉? Let me know your call!

❤️ Like if you appreciate trading with a clear plan, and follow for more!


#SEİ #sei