๐ SEI/USDT Market Structure โ Is a Reversal on the Horizon? ๐
By @chathuwavlog16 on Binance Square โ August 1, 2025
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๐ Market Snapshot (4H Timeframe)
The SEI/USDT pair is currently trading near a critical demand zone, just below the 0.31 level, after multiple signs of selling exhaustion. The market structure suggests a possible shift from bearish to bullish momentum.
๐ง Technical Highlights:
Strong liquidity grab below recent lows followed by a bullish reaction.
Bullish RSI divergence has appeared โ while price made a lower low, RSI made a higher low, signaling weakening bearish pressure.
Price is still trading within a descending wedge โ a pattern known for bullish breakouts.
Fibonacci retracement from the previous impulse aligns with the 0.813 level โ historically a high-probability reaction zone.
#TrumpTariffs #MarketPullback #SECProjectCrypto #FOMCMeeting #WhiteHouseDigitalAssetReport
$BTC $ETH $XRP
By @chathuwavlog16 on Binance Square โ August 1, 2025
---
๐ Market Snapshot (4H Timeframe)
The SEI/USDT pair is currently trading near a critical demand zone, just below the 0.31 level, after multiple signs of selling exhaustion. The market structure suggests a possible shift from bearish to bullish momentum.
๐ง Technical Highlights:
Strong liquidity grab below recent lows followed by a bullish reaction.
Bullish RSI divergence has appeared โ while price made a lower low, RSI made a higher low, signaling weakening bearish pressure.
Price is still trading within a descending wedge โ a pattern known for bullish breakouts.
Fibonacci retracement from the previous impulse aligns with the 0.813 level โ historically a high-probability reaction zone.
#TrumpTariffs #MarketPullback #SECProjectCrypto #FOMCMeeting #WhiteHouseDigitalAssetReport
$BTC $ETH $XRP