$SEI presses into resistance as sellers keep control 🎯
Entry: $0.0624 🔻
Target: $0.0565 📉
Stop Loss: $0.068 ⚠️
$SEI is testing the same resistance band again, and the reaction remains telling: rebounds are being met with supply rather than follow-through. Price is failing to reclaim the upper range with conviction, which suggests the market is still trading under a short-term distribution profile. The key line in the sand is $0.067–$0.068. A decisive reclaim on strong volume would force a reassessment and likely invalidate the short bias. Until then, the path of least resistance remains lower, with downside liquidity sitting at $0.0565, then deeper pockets near $0.0510 and $0.0460.What the market appears to be missing is that this is less about a single failed breakout and more about order-flow behavior. Each bounce is being sold into, which tells me liquidity is likely rotating back to larger hands rather than expanding into trend continuation. Retail often reads that as “support holding.” Institutional tape usually says something else: supply absorption is still dominant, and until that ceiling is reclaimed, rallies are being used to offload risk into strength. That leaves $SEI vulnerable to mean reversion lower, unless price can close above resistance with genuine volume expansion.
Not financial advice. For informational purposes only. Trade with defined risk.
#SEI #CryptoTrading #Altcoins #TechnicalAnalysis
