Hey fam! š SEI has just shown a bearish rejection after a recent pump, setting up an intriguing scalp-short opportunity. Letās break it down with Binance Square clarity: structure, risk control, and clear targets!
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š Current Technical Setup
Rejection Signal: SEI sharply rejected from the recent rally, breaking below immediate supportāclassic scalp-short trigger .
Short-Term Structure: On the 1āhour chart, SEI is also showing a falling wedge breakoutātypically bullishābut weāre at the rejection/break level .
Price Action:
Immediate resistance: Around current levels (~$0.34)
Scalp target: ~$0.31ā$0.307
Key support: ~$0.30ā$0.305
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š° Scalp-Short Trade Setup
Trade Element Details
š Entry Around $0.338ā$0.34, after confirmation of rejection
šÆ Target **$0.31** initial, maybe $0.307 if momentum holds
šØ StopāLoss Above the recent high or wedge resistanceā$0.345ā$0.347
š Risk Control Stick to 1ā2% of trading capitalāBinance Square rule ā
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š Whatās Fueling This Move?
Short-Term Surge & Pump: SEI rallied ~25%+ in the past 24h, reclaiming $0.255 and pushing above $0.30 .
High-Performance Chain: Underlying tech remains strongāSei is a Layerā1 highāspeed blockchain with 400āÆms block finality and massive parallelized features .
Swing vs Scalp: While the long-term outlook stays bullish, scalpers can capitalize on this minor pullback.
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ā ļø Risk Points to Monitor
1. Bullish Structure Still Intact: If support holds and buyers step in, the move could flip into bullish continuation.
2. Volume Check: Strong buying volume at support could invalidate a short attempt.
3. BTC/Altcoin Flows: SEI can reverse quickly if crypto sentiment turns risk-on.
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ā Final Take for Binance Square Crew
SEI just triggered a perfect scalp-short setupārejection at resistance, structure setup, and clear target zone:
Entry: $0.338ā$0.34 on confirmed rejection
Target: $0.31 (maybe $0.307)
Stop: Above $0.345ā$0.347
Risk: 1ā2% max
This aligns with Binance Square rules: clear structure, disciplined sizing, and smart targets. Letās scalp smart, fam! š
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š¬ Your turn! Are you playing the pullback to $0.31, or riding the bigger trend? Share your take belowāteam strategy = stronger moves! š¬