The SEI technical update highlights key price levels to watch closely, with a focus on support and resistance. A bounce from the $0.27 level suggests bullish momentum, targeting $0.308 as a potential turning point. This level acts like a crucial barrier for further gains. Conversely, falling below $0.29 risks dropping SEI towards $0.25 or even $0.22. Liquidity near $0.258 creates cautious optimism for long positions. The market’s recent strength is reflected in the bullish pennant near $0.29, suggesting buyers are gaining momentum. A strong close above this level could validate a rally towards higher resistance levels, with potential targets around $0.36-$0.44. Analysts emphasize that achieving resistance at $0.38 is significant beyond its numerical value, potentially triggering a surge toward $1.