$SEI $SEI 2h | Chart Analysis
- I expect the price to attempt a bounce if it can sweep liquidity below 0.04911 and reclaim this level. First upside targets are 0.04992 and 0.05114, with possible extension to 0.05241 if momentum builds.
- If there is no strong bullish confirmation after a sweep below 0.04911 or if the price shows clear rejection at resistance levels, the bearish trend could continue towards 0.04875 and the next lower support at 0.04565.
- For a bullish reversal, wait for clear confirmation (pin bar, strong bullish candle, or low timeframe reversal structure) after a liquidity sweep. For a trend continuation short, wait for rejection at resistance and a bearish candle pattern.
- My bias would shift bullish only if price can sustain above 0.05241 with strong volume and closes.
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