Structure has been lower highs, lower lows for months. Each bounce gets sold faster than the last.
Price is now sitting at a major support zone - the kind where two things usually happen: • Either it stabilizes and forms a floor • Or it breaks and searches for deeper liquidity
That long downside wick shows panic + forced selling, not healthy distribution.
Do you think SEI will recover when altszn returns?
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SEI update
$SEI tells a tougher story.
Structure has been lower highs, lower lows for months.
Each bounce gets sold faster than the last.
Price is now sitting at a major support zone - the kind where two things usually happen:
• Either it stabilizes and forms a floor
• Or it breaks and searches for deeper liquidity
That long downside wick shows panic + forced selling, not healthy distribution.
Do you think SEI will recover when altszn returns?