1
SEI coin glimpsed a fake breakout and witnessed rejection this week.
2
Bulls look like they are in trouble and look trapped.
The SEI coin has escaped the consolidation zone and retested the $1 mark this week. However, the momentum could not last longer, and sellers aggressively pushed the coin from there, which trapped the bulls. Bulls are in a dilemma now and are trying for a bounce from the 50-Day EMA, and a hammer candlestick was noted in the last trading session. If bulls attain a pullback, an impulsive bull rally could be seen above the $1 mark.
Sei (SEI) coin price has retraced to the 20-Day EMA and witnessed a bounce in the last trading session. The price action signifies a fake range breakout, and bulls are trapped at the highs, and the coin may suffer a retracement to the 100-Day EMA mark soon. Additionally, the coin has ended the higher high swings and made a fresh lower low, which signals a trend reversal in the coming sessions.
We współpracy z: https://www.thecoinrepublic.com/2024/03/03/sei-faced-rejection-from-1mark-are-bulls-trapped-at-highs/
