$SEI /USDT The Pullback Is Getting Interesting
$SEI has had a strong run, moving from around $0.03819 to a peak near $0.08666. What catches my attention now is how price has been cooling off after that sharp rally.
On the 4H chart, #SEI is trading around $0.06522 and struggling to regain its previous highs. The recent structure shows lower highs, suggesting buyers are losing some momentum while sellers are becoming more active.
The $0.06776 area is worth watching as nearby resistance, while $0.05709 could become an important support zone if the pullback continues.
I wouldn't rush into a trade here. A clear breakout or a stronger rejection would give a better idea of the next move.
Do you think $SEI can reclaim $0.06776, or are we heading toward lower support?
$SEI has had a strong run, moving from around $0.03819 to a peak near $0.08666. What catches my attention now is how price has been cooling off after that sharp rally.
On the 4H chart, #SEI is trading around $0.06522 and struggling to regain its previous highs. The recent structure shows lower highs, suggesting buyers are losing some momentum while sellers are becoming more active.
The $0.06776 area is worth watching as nearby resistance, while $0.05709 could become an important support zone if the pullback continues.
I wouldn't rush into a trade here. A clear breakout or a stronger rejection would give a better idea of the next move.
Do you think $SEI can reclaim $0.06776, or are we heading toward lower support?