$SEI surged to $0.3553 but faced a strong rejection, signaling a potential short-term reversal. The 30-minute chart shows a heavy red candle after a vertical pump, suggesting profit-taking and weakening momentum.
Short Trade Plan:
Entry Zone: $0.3400 – $0.3450
TP1: $0.3280
TP2: $0.3150
TP3: $0.3000
Stop Loss: $0.3560
Key Note: Watch for rejection below $0.342 to confirm bearish strength. Once TP1 is hit, use a trailing stop-loss to secure profits. High volatility is expected — trade with tight risk management.