$SEI is showing strong signs of reaccumulation following a sharp surge from the $0.16 level to a recent high near $0.33. After a textbook retracement, the price has begun to stabilize, printing fresh green candles and signaling renewed buyer strength.
This healthy consolidation phase suggests the market is resetting for a potential second impulse wave, with bullish momentum gradually rebuilding.
A long entry between $0.2930 and $0.2960 offers an attractive opportunity, targeting upside levels at $0.3110, $0.3260, and $0.3390. A stop-loss below $0.2810 helps manage risk.
For trend-followers, this setup aligns well with continuation patterns and could offer solid upside if bullish pressure continues to mount.
