The downtrend on SEI has been strong, and the price is now sitting at critical lows. While it might be tempting to buy here, professional traders wait for confirmation that the trend is actually reversing.

Here is the checklist of what we need to see before considering a long position.

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📊 The Bearish Reality (What's Happening Now?)

  • 🔹 Strong Downtrend: The ZigZag indicator clearly shows a pattern of lower highs and lower lows. Sellers are in control.

  • 🔹 Sitting on Last Support: The price is resting on the absolute low around $0.2600. There is no strong support below this level on this chart.

  • 🔹 No Reversal Signal... Yet: There is no confirmed "W" bottom or breakout of the downtrend. Buying now is a high-risk guess.

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📈 The Bullish Reversal Checklist (Wait for these signals!)

Before you buy, wait for at least two of these signs to appear:

  1. ✅ A Higher Low: The price needs to bounce from here and then create a dip that is higher than the $0.2600 low. This is the first sign that buyers are stepping in.

  2. ✅ Break of the Downtrend: The price needs to break and close above the most recent downtrend line.

  3. ✅ Bullish MACD/RSI Divergence: Look for the price to make a new low while the RSI indicator makes a higher low. This shows momentum is shifting.

The Bearish Scenario: If the price breaks and closes below $0.2600, the downtrend will continue, with the next logical targets being much lower.

Trade here $SEI

🔥 The Bottom Line: Don't try to catch a falling knife. The trend is currently bearish. Be patient and wait for the chart to give you clear buy signals. The safest entry is always after the reversal has been confirmed.

👇 What signal are you waiting for to buy SEI? Let me know! 👇

❤️ Like if you learned the importance of waiting for confirmation, and follow for more pro tips!

#SEİ #Sei #SEI/USDT