The Tide Is TurningSea Limited Sponsored ADR Class ABATS:SEThe_Trading_MechanicSea Limited has been through the storm — down 50% from its highs near $200 — but right now, the tide is turning. SE is trading at $90.84 after bottoming at $77.05, and the last few sessions have come alive with buyers stepping back in. This is exactly where a stock proves itself or folds. Don't underestimate what Sea Limited is. This is the Southeast Asian super-app powerhouse — Shopee dominating e-commerce, Garena driving gaming, and SeaMoney building the fintech rails for an entire region of emerging consumers. Three growth engines under one roof. The market threw it out with the growth-stock selloff, but the business kept executing. That's the disconnect — and that's the opportunity. The Bounce Thesis SE carved out a clean bottom at $77.05 and is now reversing with conviction. Today's candle ripped +4.6% on rising volume — buyers are showing up. The rounding base is forming, the RSI has plenty of room to recover, and the 200 MA at $105.83 and 150 MA at $123.44 sit far overhead, showing how much room there is to run. How a stock reacts off a hard bottom like $77 tells you everything about whether buyers are stepping in or stepping away. Right now, they're stepping in. There may be one final dip toward $81.84 before the real move begins — but that's exactly why the stop is defined down at $77.05. The Push Through Resistance A decisive close above $93.44 confirms renewed bullish momentum. Clear that and $99.50 is the next gate. Push through the 200 MA at $105.83 and the road to the 150 MA at $123.44 opens wide. Support / Entry Zone: $77.05 – $90.84 Breakout Trigger: $93.44 Waypoints: $99.50 → $105.83 (200 MA) Price Target: $123.44 (150 MA) Stop Loss: $77.05 Risk/Reward: 2.36:1 Stop clearly defined at $77.05 — risk/reward of 2.36:1.