#SEI $SEI Analysis of SEI Coin's Market Trends on the Day
After a comprehensive assessment of SEI Coin at the 1/2/4 hour level, the market is clearly under the control of the short side. However, it is worth noting that the market has shown initial signs of a rebound. Therefore, in today's trading, we should pay special attention to the long-short watershed at the 4-hour level, that is, the market reaction when the price is around 0.4106.
If the price of SEI Coin continues to decline, we should first pay attention to the support strength of the lower support level of 0.3838. If this price level cannot be effectively supported, it may further fall to the two lower support levels of 0.3616 and 0.3494. These support levels are important lines of defense in the downward process of the market, and their stability will directly affect the subsequent price trend.
On the other hand, if there are signs of a rebound in the market, we should first observe the upper pressure level of 0.4139. If the price of SEI Coin can successfully break through this price level, it may further challenge the two higher pressure levels of 0.4211 and 0.4302. The breakthrough of these pressure levels will be an important signal for the market rebound trend to be established.
During the trading process, short-term investors should remain highly vigilant and pay close attention to the market's long and short fluctuations. By watching the market in real time, grasp the subtle changes in the market and adjust the trading strategy in time to achieve profit goals. In the volatile market of the currency circle, quick response and flexible response are the keys to success.
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