$SEI /USDT ā Weak Structure, Range-Bound
SEI experienced a strong rejection from higher levels, followed by a sustained sell-off. Price is now moving sideways after downside expansion.
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š Current Trend
⢠Short-term trend: Bearish ā Sideways
⢠Structure: Lower highs & lower lows, now consolidating
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š§± Key Support & Resistance
Support Zones:
⢠0.1280 ā 0.1290 (current base)
⢠0.1250 (next downside support)
Resistance Zones:
⢠0.1330 ā 0.1350 (previous breakdown zone)
⢠0.1450 ā 0.1500 (major supply / rejection area)
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š§ Liquidity Zones
⢠Sell-side liquidity already swept below 0.1300
⢠Buy-side liquidity resting above 0.1350 and 0.1450
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š Price Action Notes
⢠Sharp rejection from 0.15+ ⢠Continuous lower highs = sellers in control ⢠Current candles show low volatility & indecision ⢠No bullish structure shift yet
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š® Two Possible Scenarios
Scenario 1 (Range Continuation):
⢠Price holds 0.1280
⢠Slow chop between 0.1280 ā 0.1330
Scenario 2 (Bearish Continuation):
⢠Loss of 0.1280
⢠Move toward 0.1250 support
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š§ Final Take
SEI remains technically weak until it reclaims key resistance.
Best approach is patience until a clear breakout or breakdown appears.
ā ļø Not financial advice. Manage risk wisely.
