#SEI Channel Support Holding Strong 🔥
SEI is holding firmly above the lower boundary of a descending channel on the 3-day timeframe, which is a positive sign for price stability.
This structure often acts as strong support, and if a clear bounce is confirmed, it can lead to a healthy recovery move in the coming weeks. Buyers seem to be defending this zone well, increasing the chances of a trend reversal or relief rally.
Target levels after bounce confirmation:
🎯 $0.145 – First recovery level, short-term reaction expected
🎯 $0.205 – Strong mid-range resistance and momentum test
🎯 $0.360 – Major target if bullish continuation develops
As always, wait for confirmation and manage risk wisely in volatile market conditions. 📊
$SEI