$SEI SEI is one of the mid-sized altcoins showing an aggressive recovery. The long-standing downtrend line has been broken upwards, with the price rising from the $0.060 region to $0.072 with a sharp increase in volume. This move is technically noteworthy, not only because of the price breakout but also because it's supported by volume.
The first resistance to watch in SEI in the short term is $0.0817. This area coincides with the Fibonacci 0.144 level and could be an important testing point for whether the recent uptrend will continue. If $0.0817 is breached, the next target becomes $0.1021. This is a stronger resistance area both psychologically and technically. Further up, $0.1344, $0.1606, and $0.1867 can be monitored as medium-term recovery targets.
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