SEI is setting the stage for a potential bear trap! 🐻🚫💎 Paradisers, #SEI might trap bears who entered during the recent breakdown.
💎If #SEIUSDT breaks out from the recent cup and handle pattern, we can anticipate a bullish move. This scenario would likely trigger bear stop losses, potentially driving a bullish trend.
💎However, if the price breaks down below the minor support level, it would be considered a continuation of the short-term bearish trend, and we might expect further bearish movements. For now, though, I am not interested in focusing on bearish moves, so it would be prudent to stay alert but not actively engage in bearish trades.
