🔥 Bears are hammering $SEI straight into the ground as price fails to sustain relief bounces, setting up an aggressive continuation short toward key support floors!
$SEI - SHORT · Conf 83%
Trade Plan:
Entry: $0.0655 – $0.0668
SL: $0.0682
TP1: $0.0636
TP2: $0.0610
TP3: $0.0580
Why this setup?
Price momentum is breaking down heavily on the 1h chart after a sharp rejection from $0.07087, printing a continuous lower-high market structure. Although the Parabolic SAR briefly flipped underneath at $0.06475, buying volume is practically non-existent, leaving price hugging local lows near $0.06562. A failure to reclaim $0.0670 will cause dynamic support to snap, triggering a fast retest of the $0.06359 low and opening the runway for a deeper liquidity sweep down to $0.0580. Risk is strictly capped above immediate 1h swing structure.
Debate:
Are you slamming this short play right now, or waiting for a clean breakdown below $0.06359 first?
Trade $SEI here.
Hazel Trades 🌸
$SEI - SHORT · Conf 83%
Trade Plan:
Entry: $0.0655 – $0.0668
SL: $0.0682
TP1: $0.0636
TP2: $0.0610
TP3: $0.0580
Why this setup?
Price momentum is breaking down heavily on the 1h chart after a sharp rejection from $0.07087, printing a continuous lower-high market structure. Although the Parabolic SAR briefly flipped underneath at $0.06475, buying volume is practically non-existent, leaving price hugging local lows near $0.06562. A failure to reclaim $0.0670 will cause dynamic support to snap, triggering a fast retest of the $0.06359 low and opening the runway for a deeper liquidity sweep down to $0.0580. Risk is strictly capped above immediate 1h swing structure.
Debate:
Are you slamming this short play right now, or waiting for a clean breakdown below $0.06359 first?
Trade $SEI here.
Hazel Trades 🌸