$SEI Identifying a SEI Bearish Flag

A bearish flag pattern on the Sei (SEI) chart is a technical continuation signal indicating a high probability that a recent downtrend will resume after a brief consolidation period.

This pattern forms after a sharp decline, creating the flagpole. The consolidation phase appears as a weak, upward-sloping channel with declining volume, reflecting a lack of strong buying pressure.

The bearish signal is confirmed when SEI's price breaks down below the flag's lower support trendline. This breakdown, especially on increasing volume, projects a further decline roughly equal to the height of the initial flagpole.

Ultimately, this pattern warns that the asset's selling momentum remains dominant and is likely to continue.$PIPPIN $POWER

SEI

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