$SEI is up 3 percent today but look who is selling to you right now
You see a green candle and think it is time to join the party
The price sits at 90 percent of the daily range near 0.07103 dollars
That is right against the 0.07148 daily high where smart money unloads bags
Volume is weak at only 0.8 times the weekly average so nobody new is backing this move
The 1 hour RSI sits at 70 showing the fuel is almost gone
When you buy at the absolute top of the daily range you are paying exit liquidity for someone else
Wait for the 1.1 percent hourly swings to cool off before you touch it
Open $SEI and set an alert at that level
What is your actual checklist before buying a green candle
#SEI #TradingTips
You see a green candle and think it is time to join the party
The price sits at 90 percent of the daily range near 0.07103 dollars
That is right against the 0.07148 daily high where smart money unloads bags
Volume is weak at only 0.8 times the weekly average so nobody new is backing this move
The 1 hour RSI sits at 70 showing the fuel is almost gone
When you buy at the absolute top of the daily range you are paying exit liquidity for someone else
Wait for the 1.1 percent hourly swings to cool off before you touch it
Open $SEI and set an alert at that level
What is your actual checklist before buying a green candle
#SEI #TradingTips