🔥 Urgent technical analysis for currency $SEI … A bearish reversal looms on the horizon! 🚨
Current price: $0.1314
Change over 24 hours: +2.01%
Technical signal: Strong sell reversal (Bearish Reversal)
🔍 Key technical indicators:
• Repeated price rejection at resistance area 0.1350–0.1360 with long upper wicks confirming buyer weakness.
• Parabolic SAR indicator flipped to the upward trend at 0.1247, indicating a clear sell signal.
• The MACD recorded a bearish crossover with the histogram continuing to decline, reinforcing the downtrend scenario.
🎯 In case of breaking support levels:
• First target: 0.1280
• Second target: 0.1245 – 0.1250 (previous strong support zone)
• Third target: 0.1210
❌ Stop Loss Point:
Clear daily closure above 0.1395.
📝 Summary:
Unless the price records a strong close above 0.1360, the most likely trend remains downward.
The current situation offers a high conviction selling opportunity with a favorable risk/reward ratio.
⚠️ Note: This is a technical analysis only and not investment advice. Please trade wisely.
