$SEI Liquidation Alert
$111K Long Position Wiped Out at $0.617!
Market Overview:
A massive liquidation signals strong selling pressure, as bulls failed to defend critical support.
This could indicate further bearish action if the trend continues.
Next Steps for $SEI :
• Support Watch: $0.610 is crucial. A break below this could open the door to deeper drops.
• Resistance Level: A reclaim of $0.625 could provide hope for a bullish reversal.
Trading Strategy:
Watch for confirmation of price action near key levels.
A surge in volume could signal the start of a trend reversal or continuation of the downtrend.
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