$SEI Imminent Breakdown 📉 – Shorting Opportunity!
Entry: 0.1145 – 0.1160
SL: 0.1185
TP: 0.1120 → 0.1095 → 0.1065
$SEI has broken down its short-term structure after falling below 0.118, and price action now clearly signals a continuation of selling on rallies. Bearish momentum is building. 🐻 The recent push to 0.1177 was decisively rejected, followed by a strong continuation downwards, confirming a shift in control to the sellers.
Any rallies are weak and corrective, indicating significant supply pressure. Market dynamics have shifted towards an expanding downtrend rather than consolidation. This short setup remains valid as long as the price fails to secure a 4H close above 0.1185 – breaching this level invalidates the trade. Remember, the trend is down; use rallies to sell with tight risk. Trade
$SEI on Binance now!
#SEI #PriceAction #Shorting #Crypto 🚀