$SEI I will analyze the SEI/USDT chart and give my opinion:
1. Current analysis:
- Price is at 0.4211 (-0.57%)
- MA20 (0.4441) > MA50 (0.4376) > current price
- MACD is negative with DIF (-0.0073) < DEA (-0.0053)
- Large Money Flow in 5 days is negative (-7.76M)
- RSI(6) = 38.4167 is in the low neutral zone
2. Negative points:
- Short-term downtrend is clear
- OBV is continuously decreasing
- Selling pressure from large and medium orders
- Negative money flow in 5 days
3. Positive points:
- RSI has not entered the oversold zone
- MACD is showing signs of convergence
- 24h money flow is improving
- Bollinger Bands are narrowing
4. Recommendation:
DO NOT BUY AT THIS TIME because:
- The downtrend is still strong
- Cash flow is not clear
- There is no reversal signal yet
High risk
5. Important milestones:
Support:
- S1: 0.40
- S2: 0.37 (old bottom)
Resistance:
- R1: 0.44
- R2: 0.48
6. Risk management:
- If you are holding: You can hold and wait for a recovery
- If you want to buy new: Wait for a clear reversal signal
- Stop loss below 0.40
- Only use 2-3% of capital
Note:
- Prioritize capital preservation
- Do not catch the bottom
- Wait for a clear trend
- Manage risk closely
- Follow more news and general market developments