SEI is setting up for a long trade with a 64% confidence level, offering a 1:1.7 risk-to-reward ratio. Current market conditions suggest a potential breakout.

🟢 $SEI LONG 📈 — Trade Plan
• Entry: $0.041638 – $0.041722
• Stop: $0.040430 (-3.0%)
• Target 1: $0.042305 (+1.5%)
• Target 2: $0.043764 (+5.0%)
• R/R 1:1.7 | Confidence 64%

The setup is fueled by a combination of signals including a market structure break, volume confirming direction, a fair value gap, and an order block, all of which are reinforced by a liquidity sweep and a point of interest confluence where the order block and fair value gap overlap. This convergence of signals suggests a strong potential for an upward move. The structure indicates SEI is poised to capitalize on these factors.

A 3.0% stop loss is relatively tight but fitting given the leverage of 3x, which balances the risk and potential reward of this trade.

Taking partial profit at the first target point could be wise to lock in some gains and adjust the stop loss to break even, allowing the remainder of the position to ride out the potential full extent of the move.

Not financial advice — always manage your own risk 🙏

$SEI #SEIUSDT #SMC #TradingSignals #Write2Earn