$SEI

Hey fam! šŸ‘‹ SEI has just shown a bearish rejection after a recent pump, setting up an intriguing scalp-short opportunity. Let’s break it down with Binance Square clarity: structure, risk control, and clear targets!

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šŸ” Current Technical Setup

Rejection Signal: SEI sharply rejected from the recent rally, breaking below immediate support—classic scalp-short trigger .

Short-Term Structure: On the 1‑hour chart, SEI is also showing a falling wedge breakout—typically bullish—but we’re at the rejection/break level .

Price Action:

Immediate resistance: Around current levels (~$0.34)

Scalp target: ~$0.31–$0.307

Key support: ~$0.30–$0.305

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šŸ’° Scalp-Short Trade Setup

Trade Element Details

šŸ“ Entry Around $0.338–$0.34, after confirmation of rejection

šŸŽÆ Target **$0.31** initial, maybe $0.307 if momentum holds

🚨 Stop‑Loss Above the recent high or wedge resistance—$0.345–$0.347

šŸ“ Risk Control Stick to 1–2% of trading capital—Binance Square rule āœ…

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🌐 What’s 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 strong—Sei is a Layer‑1 high‑speed blockchain with 400 ms 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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āš 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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āœ… Final Take for Binance Square Crew

SEI just triggered a perfect scalp-short setup—rejection at resistance, structure setup, and clear target zone:

Entry: $0.338–$0.34 on confirmed rejection

Target: $0.31 (maybe $0.307)

Stop: Above $0.345–$0.347

Risk: 1–2% max

This aligns with Binance Square rules: clear structure, disciplined sizing, and smart targets. Let’s scalp smart, fam! šŸ™Œ

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šŸ’¬ Your turn! Are you playing the pullback to $0.31, or riding the bigger trend? Share your take below—team strategy = stronger moves! šŸ’¬