SEI remains in a strong downtrend and is now testing a key support area. Our researchers suggest that if peace talks weaken further and risk-off sentiment returns, SEI could break below this level and accelerate lower.
This setup remains one of the cleaner continuation short opportunities as long as weakness persists.
Trade Levels:
Entry Zone: $0.053 – $0.052
Take Profit Targets: $0.045, $0.038
Stop Loss: $0.057
This setup remains one of the cleaner continuation short opportunities as long as weakness persists.
Trade Levels:
Entry Zone: $0.053 – $0.052
Take Profit Targets: $0.045, $0.038
Stop Loss: $0.057
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.