SEI Price Holds Key Support as Bulls Aim for Continuation Toward $0.30
Summary
SEI price action is showing signs of a bullish structure shift, having broken out of a falling wedge pattern supported by a bullish RSI divergence, suggesting the end of a correction phase. Analysts identify the $0.25–$0.27 range as the next resistance area, with a confirmed move above validating further upward continuation. Crucially, the asset maintains key support near $0.20, which has acted as a foundation during recent volatility. Upside targets identified by analysts are $0.31 and $0.44, provided the token sustains its support base and avoids falling below $0.198. Currently trading around $0.20 after a slight 24-hour decline, the market reflects controlled consolidation, with traders awaiting confirmation of the next move toward the projected $0.30 recovery level.
(Source:Brave New Coin)