$SEI — Bounce Zone Into Descending Trendline 🔄📈

[theSignalyst]

$SEI is testing a daily support block around $0.27–$0.28 after a controlled pullback. Above price sits a descending trendline that’s capped the last few rallies — so the next swing will likely be defined between this support zone and the trendline.

Key levels

Support: $0.27–$0.28 (demand block / prior flip zone)

Resistance: Descending trendline near $0.32–$0.34, then $0.36–$0.38

Confluence

Horizontal demand + repeated reactions at the same band.

Clear lower-highs against the red trendline = compression toward a decision.

Scenarios

Bullish : Hold $0.27–$0.28 and push into a break & retest above the trendline → opens $0.32–$0.34, then $0.36–$0.38.

Bearish : Daily close below $0.27 → momentum likely rotates lower to sweep liquidity before buyers try again.

Plan
I’ll look for long setups only with confirmation from the blue zone (rejection wick / bullish engulfing) or on a clean breakout and retest of the descending trendline.

Do you buy the base here, or wait for the trendline break for momentum entry?

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
Stick to your trading plan regarding entries, risk, and management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr

[kelson10]

SEI Price Action
$SEI is consolidating at the $0.27–$0.28 daily support block after a steady pullback.
Key watch: reaction here vs. the descending trendline overhead — the next move likely sets the swing.

[jacson4]

SEI Technical View
Support zone: $0.27–$0.28 holding for now.
Resistance: descending trendline rejecting prior rallies.
Breakout or breakdown from this range should define the next leg.