$SEI Long Liquidation Alert
A massive long liquidation of $25.249K has occurred at $0.45319. $SEI
This indicates a strong rejection of upward momentum and a shift in sentiment among market participants. Such liquidations often mark a critical point for trend changes or intensify volatility.
Key Observations:
1. Price Level ($0.45319): The liquidation zone is a crucial support level that has now been breached. If sellers maintain pressure, this could act as a resistance level.
2. Volume Surge: Significant liquidations