Current price: $0.3401 (+29.17%)

Time frame: 30 minutes

Rejected $SEI

Just from $0.3553 after a sharp vertical pump. This type of heavy red candle and wick indicates profit-taking and that a short-term reversal may be on the way. Momentum is declining on lower time frames.

$SEI – Strong rejection from the local top! Set up a short trade directly! 🚨

📉 Short Trade Plan:

Entry Zone: $0.3400 – $0.3450

TP1: $0.3280

TP2: $0.3150

TP3: $0.3000

Stop Loss: $0.3560

💡 Professional Tip: Watch for price rejection below $0.342 to increase confidence in the short position. Use a trailing stop loss once TP1 is reached to secure profits.

Warning: High volatility is expected - trade cautiously with strict risk management!

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