SEI - Use CautionJust wanted to warn my SEI fans that we are currently in a strong supply zone. Everytime price has entered this range between $0.80-$0.88 it has been hammered back down.
We also created an 8H doji that could signal a reversal. All fib levels of the current trend have been listed. If we get a full retracement then the 0.618 would be our perfect target around $0.40.
If we break above this liquidity zone with a strong close our next target to the upside would be $1.10. But for right now I urge you to use caution as this has been an important sell zone.