A recent technical buy signal has emerged for SEI, suggesting a possible rebound in the price. The signal appears at the bottom of the trading channel, indicating easing selling pressure. This setup provides traders with an opportunity to enter positions before a potential upward move. 0.37 is identified as the key resistance level and next target for price recovery. Analysts believe that this level, which has historically acted as a significant resistance point, could act as a launching pad for price recovery if SEI can break through. 0.37 is also seen as a crucial benchmark for market sentiment around altcoins. While traders anticipate short-term gains, longer-term investors are focused on broader market developments. A strong push towards $0.37 would validate the buy signal, while a dip back below channel support could weaken the setup.