$SEI Current Stage No Cure
I. Overall Trend Judgment (Core)
The current price is only $0.1064, having dropped 90% from the peak. The K-line shows a unilateral downward channel at a 45-degree angle, with long lower shadows probing for lower positions, but the rebound is extremely weak, indicating that the market is in a state of extreme pessimism.
The mid-term trend of SEI is very weak. It currently belongs to the 'garbage time' after liquidity exhaustion. The bullish defense line is retreating step by step, and the market is making its last struggle at the $0.1000 level.
II. Key Levels
Resistance Level (Sell Pressure Zone):
Short Resistance: $0.1500 - $0.1600$. A small platform bottom during the recent decline. A rebound to this point will prompt short-term holders to cut losses quickly.
Strong Resistance: $0.2000 - $0.2200$. Once the 'iron bottom', now the 'iron top'. This is a strategic stronghold that SEI must reclaim to reverse its downward trend. In the short term, this is a formidable barrier to overcome.
Support Level (Defense Zone):
Psychological Bottom: $0.1000$. The current integer level. The price is tightly adhering to this position, precarious.
Extreme Bottom: $0.0600 - $0.0800$. Lowest point area. If $0.1000 is lost, the price will head straight here in search of liquidity.
III. Trading Volume Signals
Signal: Low volume during normal times, high volume during panic spikes.
During normal declines, the trading volume is extremely low (no buyers), and only during panic spikes does it release a huge volume.
Interpretation: Lack of buying pressure. The market lacks proactive buying, and prices are mainly influenced downwards by gravity. Unless there is a strong positive stimulus, it is difficult to change this 'dull knife cutting losses' situation.
IV. Operation Strategy
For Holders: Stop-loss or switch positions.
It's painful to talk about stop-loss after a 90% drop, but the trend is indeed bad.
It is recommended to exit near $0.1500 upon rebound. Do not harbor unrealistic hopes; capital efficiency is paramount.
For Those Holding Cash: Do not catch falling knives.
Risk: The bottom below is unfathomable.
Only Opportunity: Unless you are a super short-term expert willing to risk a 10%-20% rebound near $0.1000 (quick in and out), otherwise, stay away.
V. Summary
SEI has entered the 'ICU Rescue Period', and trying to catch the bottom now is akin to picking up chestnuts from the fire!