🚨TECHNICAL ANALYSIS OF $SEI
⭕Indicators:
EMA(9): 0.2740
EMA(21): 0.2754 → Slight bearish crossover
RSI(14): 37.26 → Near the oversold zone
🔺Support Levels:
Strong Support: $0.2600 (recent wick low)
Zone Support: $0.2640 - $0.2685
🔻Resistance Levels:
Immediate Resistance: $0.2750 (EMA zone)
Major Resistance: $0.2820 - $0.2890
🟩Long Trade Setup
Entry (Breakout confirmation): Above $0.2760 with volume confirmation
Targets:
🎯 TP1: $0.2820 (Previous mid-resistance zone)
🎯 TP2: $0.2890 (Wedge top / supply zone)
🎯 TP3: $0.3060 (Previous high zone)
🎯 TP4 (Extended): $0.3230
⚠️Stop-Loss: Below $0.2680 (to avoid fakeouts)
🟥Short Trade Setup
Entry (Rejection or breakdown): Below $0.2670 or clear rejection from $0.2750
Targets:
🎯TP1: $0.2600 (Support base)
🎯TP2: $0.2560 (Lower wedge support)
🎯TP3: $0.2450 (Psychological round number)
🎯TP4 (Extended): $0.2300 (Breakdown zone, risk-heavy)
⚠️Stop-Loss: Above $0.2780