$SEI

SEI/USDT: Chart Insights & Strategy 📊

The SEI/USDT pair is showing a clear downtrend on the 15-min chart, but a potential bounce is on the horizon. After touching a critical support level at $0.5508 (24h low), buyers have stepped in, pushing the price back up to $0.5548.

Key Levels to Watch:

Support: $0.5508 – If this holds, it signals strong buying interest.

Resistance: $0.5600-$0.5700 – Price needs to reclaim this zone for a trend reversal.

What’s Next?

If support holds and we see bullish candles with volume, it’s an opportunity to enter long positions, targeting resistance zones. But if the price breaks below $0.5508, expect further downside momentum—caution is key here.

Patience pays: Wait for confirmation signals like consecutive green candles or volume spikes before jumping in. Control risk and ride the breakout or bounce smartly.

Keep an eye on SEI—this bounce might just turn into something bigger! 🔍

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