SEIUSDT recently broke above a long-term descending trendline, showing signs of bullish momentum. However, after testing the resistance zone at $0.2165 – $0.2282, the price faced strong rejection and sharply reversed.
🔍 Key Levels to Watch:
Resistance: $0.2165 and $0.2282
Support Zones:
$0.1800 – First Major Support
$0.1727 – Intermediate Zone
$0.1644 – Strong Support
🟢 Previous breakout above the channel created a bullish impulse
🔴 Current rejection and steep sell-off signal a shift in momentum
If $0.1644 fails to hold, expect further downside towards $0.1500 range.
Bulls need a solid reclaim of $0.1800 to regain short-term strength.
🔍 Key Levels to Watch:
Resistance: $0.2165 and $0.2282
Support Zones:
$0.1800 – First Major Support
$0.1727 – Intermediate Zone
$0.1644 – Strong Support
🟢 Previous breakout above the channel created a bullish impulse
🔴 Current rejection and steep sell-off signal a shift in momentum
If $0.1644 fails to hold, expect further downside towards $0.1500 range.
Bulls need a solid reclaim of $0.1800 to regain short-term strength.
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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.
Related publications
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.