Stabilize above the descending trendline
SEI is attempting to stabilize above a descending trendline with key supports at $0.47 and $0.40. Monitoring these levels for a potential rise to the mid-term target of $0.66 is crucial.
6/9/20241 min read
![SEI price chart showing attempts to stabilize above a descending trendline with support levels at $0](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=586,fit=crop/mP4DRvxXEycnaE1Q/1-Yg2lpXr0GDfvLLEo.png)
![SEI price chart showing attempts to stabilize above a descending trendline with support levels at $0](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=189,fit=crop/mP4DRvxXEycnaE1Q/1-Yg2lpXr0GDfvLLEo.png)
SEI is currently attempting to stabilize above the descending trendline.
Supports are at $0.47 and $0.40 levels.
After testing these levels it could go up to its mid-term target at $0.66. Keep it on your watchlist.