$SEI #CryptoNewss #EveryoneFaceLoss #altcoins #binance ### Technical Analysis of SEI/USDT (15m Chart)
#### **Trend Analysis**
- The short-term trend is **bullish**, but signs of a pullback are evident after reaching a high of **0.4752** and dropping to the current level of **0.4559**.
- The price is currently supported by the **7 MA (0.4553)**, indicating the upward momentum may still be intact if support holds.
- However, there is a visible **retrace** after a strong upward move, so a temporary **pullback** might be in progress.
#### **Support and Resistance Levels**
- **Resistance**: The key resistance level is at **0.4752** (previous high), followed by **0.4809** as a psychological level.
- **Support**: Immediate support at **0.4553** (7 MA) and further down at **0.4391**. A breakdown below **0.4391** could indicate a deeper pullback to **0.3973** (MA 99).
#### **Candlestick Analysis**
- Recent candlesticks show a **bearish rejection** at the high of **0.4752**, forming a potential short-term reversal pattern. This suggests sellers are active around the top, and profit-taking could continue.
#### **Volume Analysis**
- A decline in volume after the spike suggests a **lack of buyer follow-through**, which may result in sideways movement or further pullback.
- The overall uptrend was accompanied by increasing volume, indicating that the earlier bullish momentum was supported by strong participation.
#### **Indicator Analysis**
- **MACD**: Bearish crossover (MACD line below the signal line), suggesting a weakening bullish momentum. This hints at possible further downside or consolidation in the near term.
- **RSI**: Currently at **51.71**, indicating the asset is in neutral territory. There’s room for both upward and downward movement, with no clear overbought or oversold signal.
### Short-Term Trading Recommendations:
- **Entry (Long)**: Consider entering a long position if the price holds above the **0.4553** level with confirmation from volume and a bullish candlestick pattern.
- **Entry**: **0.4550**
- **Take-Profit (TP)**: **0.4750**
- **Stop-Loss (SL)**: **0.4450**
- **Duration**: 4 to 8 hours (quick trade targeting a rebound if support holds).
- **Entry (Short)**: If the price breaks below **0.4553** with strong selling pressure and continues downward, a short position may be viable.
- **Entry**: **0.4530**
- **Take-Profit (TP)**: **0.4391**
- **Stop-Loss (SL)**: **0.4600**
- **Duration**: 4 to 12 hours (targeting a deeper pullback).
### Long-Term Trading Recommendations:
- **Entry (Long)**: If the price consolidates above the **0.4391** support level after a pullback, this would signal a good long-term entry for a continuation of the bull trend.
- **Entry**: **0.4400**
- **Take-Profit (TP)**: **0.5000**
- **Stop-Loss (SL)**: **0.4200**
- **Duration**: 1 to 3 days (riding a potential upward trend continuation).
- **Entry (Short)**: If the price breaks below **0.4391** and continues downward, expect further downside toward **0.3973**.
- **Entry**: **0.4380**
- **Take-Profit (TP)**: **0.4000**
- **Stop-Loss (SL)**: **0.4500**
- **Duration**: 1 to 2 days (downside trend after a bearish breakdown).
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### 📈 **Trading Recommendation** 📉
**Long entry** at **0.4550** with a **Stop-Loss** at **0.4450** and a **Take-Profit** at **0.4750** for a short-term scalp trade.
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