A red candle on SEI does not always mean a cheap entry.
Price: 0.073680 · 24h 18.04% · Vol 24M USDT.
SEI is an L1 geared more toward trading/performance; when the L1 beta heats up, SEI is often added to watchlists.
Since SEI is an L1 beta, this move is worth watching if it holds volume after the initial leg. A +18.04% move is significant enough to catch attention, but not enough to trigger FOMO. What I want to confirm: does the volume hold up after the first leg, or does it quickly die out when price hits 0.077270?
I want to see weakening selling pressure again around 0.062310, or a clearer reclaim of 0.077270. Bottom-fishing just because "it’s down a lot" is often the riskiest part.
Dip buy or wait for confirmation?
#SEI #DipBuying #RiskManagement
Price: 0.073680 · 24h 18.04% · Vol 24M USDT.
SEI is an L1 geared more toward trading/performance; when the L1 beta heats up, SEI is often added to watchlists.
Since SEI is an L1 beta, this move is worth watching if it holds volume after the initial leg. A +18.04% move is significant enough to catch attention, but not enough to trigger FOMO. What I want to confirm: does the volume hold up after the first leg, or does it quickly die out when price hits 0.077270?
I want to see weakening selling pressure again around 0.062310, or a clearer reclaim of 0.077270. Bottom-fishing just because "it’s down a lot" is often the riskiest part.
Dip buy or wait for confirmation?
#SEI #DipBuying #RiskManagement