$SEI Short: Sellers have a level to defend, with 0.06825 as the next target
Short trade setup
Entry: 0.06916–0.06923
Target 1: 0.06825
Target 2: 0.06752
Next price: 0.06752
Extended target: 0.06679
Stop loss: 0.07008
The 0.06916–0.06923 zone is the planned entry range, where sellers should show their strength. Resistance near 0.07003 is an important level to defend. If selling pressure intensifies, 0.06825 will be the first downside target, followed by 0.06752. A rise above 0.07008 invalidates this setup; avoid chasing the price below the entry level.
Short trade setup
Entry: 0.06916–0.06923
Target 1: 0.06825
Target 2: 0.06752
Next price: 0.06752
Extended target: 0.06679
Stop loss: 0.07008
The 0.06916–0.06923 zone is the planned entry range, where sellers should show their strength. Resistance near 0.07003 is an important level to defend. If selling pressure intensifies, 0.06825 will be the first downside target, followed by 0.06752. A rise above 0.07008 invalidates this setup; avoid chasing the price below the entry level.