🔻 $SEI
USDT BEARISH BREAKDOWN – WILL SEI TEST NEW LOWS SOON? 🔻
$SEIUSDT continues its strong downtrend on the 1H chart, making persistent lower highs and lower lows with heavy bearish momentum, suggesting a possible further downside extension.
🔑 Key Levels:
Current Price: 0.2696
Support: 0.2682
Resistance: 0.2800
🎯 Trade Setup (Short):
Entry: 0.2690 – 0.2710 (after minor pullback rejection)
Take Profits:
✅ TP1: 0.2660
✅ TP2: 0.2620
✅ TP3: 0.2580 (extended target if momentum accelerates)
Stop Loss: 0.2740
📊 Market Outlook:
SEI remains under strong selling pressure, with the current price hovering just above its 24h low. A clean break below 0.2680 can trigger another sell-off leg targeting previous demand zones. Watch for volume confirmation to avoid fake breaks.
⚠️ Risk Management:
Use strict stop loss placement and never risk more than 1-2% of total capital per trade. Discipline is your true edge in a trending market.
💬 Will SEI bounce here or fall further? Comment 👇 your analysis if you’re trading this setup today!
buy and trade here on $SEI