$SEI Long Liquidation: A Massive Shake-Up Rocks the Market!

An extraordinary $41.268K long liquidation at $0.40621 has sent shockwaves through the $SEI trading community.

This high-volume event signals intense selling pressure and critical decision points for traders.

Key Details:

Liquidation Amount: $41.268K

Liquidation Price: $0.40621

Market Sentiment: Bearish dominance intensifies as leveraged longs crumble under pressure.

Next Move:

Support Level to Watch: $0.3900 – A key area where bulls might step in to stabilize the price.

Resistance Level: $0.4200 – A crucial barrier that bulls must break to regain momentum.

Stop-Loss Guidance:

For Long Positions: Tighten stop-loss to $0.3850 to protect against further downside.

For Short Positions: Place stop-loss above $0.4250 to lock in gains.

This is a high-stakes moment for $SEI .

Stay alert, monitor these critical levels, and manage your risk with precision!

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