$SEI Overheated Engine Time for a Cooldown❓❓
$SEI just printed a powerful parabolic rally, hitting $0.3359 before rejecting sharply and forming its first strong red candle on the 4H chart a classic early sign of exhaustion.
🎯 Short Trade Setup:
• Entry: $0.3050 – $0.3080 (on weak bounce)
• TP1: $0.2840
• TP2: $0.2680
• Stop Loss: $0.3185 (above local top wick)
Market Insight:
While SEI has surged +78% in the past 7 days, the current rejection with increasing wicks and decreasing candle body strength signals short-term fatigue. If volume fades, a pullback is likely as profit-taking sets in.