🌊 $SEI 1H: lower highs into support, WAITING SHORT
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📉 State: SEI trades 0.04375 (-1.5% 24h). The 1H is below EMA50 (0.04405) and EMA200 (0.04551), and the 4H is far below EMA200 (0.0533). Highs keep stepping down: 0.04542 (Nov 9), 0.04498 (Nov 10), 0.04454 (today).
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🎯 Plan (only after confirmation):
Activation: a bounce into 0.0443-0.0445, then a 1H close back below 0.0443. Limit 0.0442.
Stop: 0.0447 (0.04454 swing + 0.3×ATR, ATR 0.00052).
TP1: 0.0426 (above the 0.0423-0.0425 floor), ~2.6R net.
TP2: 0.0419 (near the Nov 8 wick at 0.04177), ~3.8R net.
Costs assumed: 0.1% per side.
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❌ Cancel: a 1H close above 0.0447, a drop below 0.0426 before activation, or no trigger by 23:00 Riyadh today.
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📐 Size: 1% risk = equity × 0.01 ÷ 0.00059 (stop distance + costs per SEI).
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🧠 Confidence: low-moderate. The 0.0423-0.0425 floor has held three times, and a wick to 0.04498 yesterday shows spikes can run past the stop.
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Not financial advice. DYOR.
#SEI #Altcoins #TechnicalAnalysis #BinanceSquare
⠀
📉 State: SEI trades 0.04375 (-1.5% 24h). The 1H is below EMA50 (0.04405) and EMA200 (0.04551), and the 4H is far below EMA200 (0.0533). Highs keep stepping down: 0.04542 (Nov 9), 0.04498 (Nov 10), 0.04454 (today).
⠀
🎯 Plan (only after confirmation):
Activation: a bounce into 0.0443-0.0445, then a 1H close back below 0.0443. Limit 0.0442.
Stop: 0.0447 (0.04454 swing + 0.3×ATR, ATR 0.00052).
TP1: 0.0426 (above the 0.0423-0.0425 floor), ~2.6R net.
TP2: 0.0419 (near the Nov 8 wick at 0.04177), ~3.8R net.
Costs assumed: 0.1% per side.
⠀
❌ Cancel: a 1H close above 0.0447, a drop below 0.0426 before activation, or no trigger by 23:00 Riyadh today.
⠀
📐 Size: 1% risk = equity × 0.01 ÷ 0.00059 (stop distance + costs per SEI).
⠀
🧠 Confidence: low-moderate. The 0.0423-0.0425 floor has held three times, and a wick to 0.04498 yesterday shows spikes can run past the stop.
⠀
Not financial advice. DYOR.
#SEI #Altcoins #TechnicalAnalysis #BinanceSquare
