🚀 $SEI 4-Hour Chart Update: Key Levels to Watch! 📈
$SEI is currently trading around $0.0619 on the 4-hour timeframe[span_0](start_span)[span_0](end_span), maintaining its structure after testing the local low of $0.0577[span_1](start_span)[span_1](end_span). Let's break down the 4H market structure:
📊 4-Hour Technical Breakdown:
• Trend & Moving Averages: Price is consolidating near the 4H EMA(20) at $0.0630[span_2](start_span)[span_2](end_span), trying to establish a firm base for a reversal.
• Resistance Zone: Immediate overhead resistance stands at the $0.0630 - $0.0651 (Supertrend) zone[span_3](start_span)[span_3](end_span).
• Momentum: Volatility is tightening, signaling a potential breakout or continuation move soon.
💡 4H Trading Plan & Strategy:
• Entry Zone: $0.0605 - $0.0615 (On healthy dips)
• Target 1 (TP1): $0.0630
• Target 2 (TP2): $0.0651
• Stop-Loss (SL): $0.0570
Despite short-term corrections, $SEI is still up over +37% on the 30-day timeframe[span_4](start_span)[span_4](end_span)! Are you holding your position or waiting for a 4H candle close above resistance? Share your strategy below! 👇
#SEI #Crypto Trading #BinanceSquare #TechnicalAnalysis #Altcoins
$SEI is currently trading around $0.0619 on the 4-hour timeframe[span_0](start_span)[span_0](end_span), maintaining its structure after testing the local low of $0.0577[span_1](start_span)[span_1](end_span). Let's break down the 4H market structure:
📊 4-Hour Technical Breakdown:
• Trend & Moving Averages: Price is consolidating near the 4H EMA(20) at $0.0630[span_2](start_span)[span_2](end_span), trying to establish a firm base for a reversal.
• Resistance Zone: Immediate overhead resistance stands at the $0.0630 - $0.0651 (Supertrend) zone[span_3](start_span)[span_3](end_span).
• Momentum: Volatility is tightening, signaling a potential breakout or continuation move soon.
💡 4H Trading Plan & Strategy:
• Entry Zone: $0.0605 - $0.0615 (On healthy dips)
• Target 1 (TP1): $0.0630
• Target 2 (TP2): $0.0651
• Stop-Loss (SL): $0.0570
Despite short-term corrections, $SEI is still up over +37% on the 30-day timeframe[span_4](start_span)[span_4](end_span)! Are you holding your position or waiting for a 4H candle close above resistance? Share your strategy below! 👇
#SEI #Crypto Trading #BinanceSquare #TechnicalAnalysis #Altcoins