$SEI 🔥🔥 Big Dump at Chart – SEI Under Heavy Selling! 👌👌
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😰😰SEI is reeling after a big dump smashed through key support levels, sending shockwaves across the market. 📉📉 The sudden wave of selling pressure has traders on edge 👀⚠️ as prices plunge deeper into the red. This aggressive sell-off has erased recent gains and shaken confidence in the short term. Historically, these sharp breakdowns can trigger more panic selling if buyers don’t step up fast. 🩸🩸
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💼💼On-chain data shows big holders moving SEI onto exchanges, suggesting that whales are taking profits or exiting positions altogether. 🔻🔻 Volume has spiked as panic sellers rush to cut losses, flooding the order books with supply. 📊💣 This relentless selling has created a heavy drag on price action, making it tough for bulls to regain control. 🪓💥
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📉📉Technical indicators look grim. The 200-day moving average is starting to roll over, while momentum oscillators like RSI are dropping into oversold territory. 🛑📉 If SEI can’t stabilize soon, it risks slipping into an even deeper correction that could test lower support zones. ⚡⚡
Sentiment has turned sharply bearish. 🌫️🌫️ Many traders are staying cautious or waiting on the sidelines for clear signs of a bottom. Stay vigilant—SEI’s big dump is a serious warning that more downside could still be ahead! 💀🔥