$SEI H1 — STRENGTHENING, WAIT FOR THE PRICE TO RETRACE
SEI just had a very strong breakout from the 0.077 zone to 0.085+, with a sudden surge in volume.
After forming the 0.08666 peak, the price is currently correcting toward nearby support. I will wait for a reaction at this zone instead of chasing.
PLAN LONG 🟢 | $SEI
Entry: 0.0810–0.0820
SL: 0.0788
TP1: 0.0845
TP2: 0.0870
TP3: 0.0900
Trigger: Price retests 0.0810–0.0820; support holds and an H1 pin-bar candle appears or an H1 close turns bullish again.
Personal view:
I lean LONG because the H1 trend is still up, and that breakout just now came with very large volume. However, after a fast run-up, a deeper pullback to absorb take-profit pressure is entirely possible.
The 0.0810–0.0820 zone is what I want to watch, because if it holds, the short-term up structure remains intact. I won’t enter immediately when price hits the Entry—I need to see clear buy-side reaction on H1.
If H1 closes below 0.0788, the LONG setup is invalid and it’s not worth trying to hold the trade.
Invalid: H1 closes below 0.0788.
No FOMO. Wait for a confirmed retest.
SEI just had a very strong breakout from the 0.077 zone to 0.085+, with a sudden surge in volume.
After forming the 0.08666 peak, the price is currently correcting toward nearby support. I will wait for a reaction at this zone instead of chasing.
PLAN LONG 🟢 | $SEI
Entry: 0.0810–0.0820
SL: 0.0788
TP1: 0.0845
TP2: 0.0870
TP3: 0.0900
Trigger: Price retests 0.0810–0.0820; support holds and an H1 pin-bar candle appears or an H1 close turns bullish again.
Personal view:
I lean LONG because the H1 trend is still up, and that breakout just now came with very large volume. However, after a fast run-up, a deeper pullback to absorb take-profit pressure is entirely possible.
The 0.0810–0.0820 zone is what I want to watch, because if it holds, the short-term up structure remains intact. I won’t enter immediately when price hits the Entry—I need to see clear buy-side reaction on H1.
If H1 closes below 0.0788, the LONG setup is invalid and it’s not worth trying to hold the trade.
Invalid: H1 closes below 0.0788.
No FOMO. Wait for a confirmed retest.
