$SEI The downtrend mode has started, the current price is
0.0542 oscillating near, with 0.0543 as a support level being tested repeatedly, and the volume of only 30,000 USD shows extremely scarce buying support.
Don't be deceived by the false prosperity of the order book; the matching engine is currently matching only sell orders, and bearish momentum is continuously being released.
As long as the price breaks below the previous low of 0.0541, the downtrend will officially accelerate, and the trend direction is already very clear.
In terms of operations, do not catch the bottom; prioritize shorting on rebounds!
0.0542 oscillating near, with 0.0543 as a support level being tested repeatedly, and the volume of only 30,000 USD shows extremely scarce buying support.
Don't be deceived by the false prosperity of the order book; the matching engine is currently matching only sell orders, and bearish momentum is continuously being released.
As long as the price breaks below the previous low of 0.0541, the downtrend will officially accelerate, and the trend direction is already very clear.
In terms of operations, do not catch the bottom; prioritize shorting on rebounds!