SEI is showing some compelling price action right now. After testing resistance and pulling back, we've returned to the support level—which is exactly what we want to see. The interesting part here is that we've swept through those lower levels and cleared out the liquidity sitting there. Price is holding comfortably above support again, and that's the key. Once we maintain this zone, the path toward resistance should open up nicely. This setup's got good setup potential if the level holds as expected.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
FarmToRiches
· 01-22 14:32
I remain optimistic as long as this wave of support in SEI doesn't break; sweeping liquidity is an old trick.
View OriginalReply0
MemeTokenGenius
· 01-21 23:11
SEI's support this time held up, it looks okay.
View OriginalReply0
SandwichTrader
· 01-19 15:03
SEI's recent pullback to support is quite interesting; I remain bullish on the liquidity sweep strategy.
View OriginalReply0
MetaverseHomeless
· 01-19 15:03
SEI is really fine this time; as long as the support holds steady, it will continue to rise.
View OriginalReply0
ConfusedWhale
· 01-19 14:56
SEI this time really has some substance; if the support holds, it will be stable.
SEI is showing some compelling price action right now. After testing resistance and pulling back, we've returned to the support level—which is exactly what we want to see. The interesting part here is that we've swept through those lower levels and cleared out the liquidity sitting there. Price is holding comfortably above support again, and that's the key. Once we maintain this zone, the path toward resistance should open up nicely. This setup's got good setup potential if the level holds as expected.