SEI Breaks Downtrend: Next Targets at $0.23 and $0.30

• SEI Coin is holding strong above a critical support level, and the technical picture is finally starting to favor buyers. After weeks of decline, the price broke through a falling trendline and found solid ground in the $0.1620–$0.1860 demand zone.

• The chart shows SEI tested this green support zone multiple times and bounced each time, building a solid base. Breaking that downtrend line is a big deal—it shows sellers are losing steam and hints at a possible reversal.

• Now the focus shifts to what’s next. The chart points to two key upside levels: $0.2366 first, then $0.3066. These are liquidity zones where price could head if momentum keeps building. The risk-reward setup right now looks pretty favorable for bulls.

• That said, there’s still risk. If SEI loses the green zone, it could slide back toward $0.1620 and bring sellers back in. But for now, price is sitting comfortably above the trendline, keeping the recovery alive.

Source: Sei Intern (Unofficial)