Current SEI/USDT trading strategy on June 29
1. Short Order
• Entry: 0.303
• Stop-loss: 0.3150
• Take-profit: 0.279
• ✅ Strategy: SEI is approaching the strong resistance area of 0.303–0.308 – this is a price range that has been rejected multiple times before. The 1-hour RSI is slightly overbought, and the 4-hour frame shows signs of negative divergence.
• ⛔ Warning: If SEI strongly breaks out above 0.3150, there is a high possibility that the price will move up to the 0.327–0.330 area.
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2. Long Order
• Entry: 0.278
• Stop-loss: 0.2700
• Take-profit: 0.301
• ✅ Strategy: The 0.275–0.278 range is a strong support for the past 2 weeks. If the price retests this area with a reversal candle signal (bullish pin bar, engulfing…), there is a high likelihood of a bounce back.
• ⛔ Warning: If it breaks below 0.2700, SEI may adjust deeply to the 0.256–0.260 range.
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✅ Probability assessment:
• Short: ~58% (prioritize if BTC does not rise strongly above 108,200)
• Long: ~42% (only open if the price returns to the support area and shows price reaction)
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📌 Additional notes:
• Strong volatility in BTC will pull SEI along, especially if BTC falls below 105,800, then Long SEI will be very risky.
• Both orders are of the technical peak/trough type, requiring close real-time monitoring and strict SL placement.
This strategy is suitable for short-term trading based on technical price zones and is not suitable for holding positions long if BTC has not established a clear trend.