Signal! 📉
Coin: $SEI / USDT (Sei)
Direction: SHORT 📉
Current Price: 0.2845 USDT
Entry Zone: We are looking to SHORT around 0.2865 - 0.2891 USDT. This zone (indicated by the red entry box) represents a significant supply or resistance level. Only enter when candle rejection and closes below entry zone
Targets (TPs):
* First tp 0.2826🎯
* TP1: 0.2813 🎯
* TP2: 0.2780 🎯
* TP3: 0.2749 🎯
* TP4: 0.2718 📈 (Max potential!)
Stop Loss (SL):
* SL: 0.2924⛔️ (Placed above the supply zone)
Timeframe: 15m ⏱️
Reason: The price has encountered a strong supply/resistance zone after a recent push upwards. The setup anticipates a rejection from this level, indicating that sellers are likely to step in and push the price downwards. This could be due to an order block, a liquidation sweep, or simply a previous significant resistance level.
DYOR! Not financial advice. 🙏
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