SEI’s Price Rebound Sparks Buying Activity: Technical Signals Point to Potential Upside

The SEI token has shown signs of a potential rebound, as it successfully held above the crucial $0.27-$0.28 support level. This recent behavior is supported by technical indicators like a falling wedge and Ichimoku retest, which suggest growing momentum toward targets of around $0.35-$0.37. Rising trading volume and institutional interest, particularly from the launch of the SEI ETF by 21Shares, are further fueling this positive trend.