SEI market analysis today:
Currently, the 1-hour, 2-hour and 4-hour levels all show a bearish trend, and the daily chart level is also in a bearish state.
For long orders and bottom-fishing operations, it is recommended to wait for a while and stay calm!
From the daily chart level, as long as the price remains below 0.3104, the overall market is under the control of the bears.
In the short term, at the 4-hour level, if the market rebound fails to break through the key resistance levels of 0.3142, 0.3178 and 0.3209, the market will continue the bearish trend. The short target for this round can be set at around 0.2973 and 0.2909.
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For investors with less spot positions or short positions, they can consider establishing short orders in batches near 0.2909 and 0.2870, and seize the opportunity of the decline and callback to make layouts to optimize the position structure.
