SEIUSDT - SHORT TERM Support in DANGER

SEI is retesting a key support zone, and losing this support zone may lead to a hard drop.

The opening prices of SEI has not yet been retested, and in most cases for newly released altcoins the price will return to "retest" the opening price. In some cases, it even falls under - but it is quite common for he price to return to these zones.

I discuss a similar situation on NOTUSDT, which is showcasing a similar situation:

IF the price cannot keep closing daily candles ABOVE the current support zone, it's likely that a hard plummet will follow, since the price has lost the 200d moving averages in the daily, which equals short term bearish.

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SEIUSD SEIUSDT