📉 **SEI/USDT Conservative Short Strategy** 📉

**Technical Analysis:**

SEI/USDT is in a clear downtrend on the 4-hour chart, with prices consistently trading below the EMA 99 moving average, indicating that bearish forces are dominant. The current price is testing a key support area. To avoid unnecessary losses during consolidation, we will adopt a cautious right-side trading strategy, waiting for the price to confirm a break below recent low support before looking for opportunities to short in the direction of the trend.

**Trading Plan:**

- **Entry (upon confirmation):** Wait for the 4-hour candlestick close to effectively break below $0.1052, and enter near this price level upon a retest, around **$0.1050**

- **Target 1:** **$0.1010**

- **Target 2:** **$0.0965**

- **Stop Loss:** **$0.1115**

**Invalidation Conditions:** If the price fails to break below support and instead strongly rebounds, closing above **$0.1120**, this bearish outlook is invalidated.

##USGDPUpdate #SEI

$SEI

SEI
SEIUSDT
0.1152
+4.63%