SEI Price Defends $0.13 as Technical Buy Signal Appears

⬤ SEI is trading near the $0.13 level, which has emerged as critical support in recent price action. This zone is now the key area to defend for SEI. The chart shows price stabilizing after a prolonged decline, with several recent candles forming directly above $0.13 support, signaling a pause in selling pressure.

⬤ The broader structure reveals a sustained downtrend from earlier highs near $0.35, followed by a sharp move lower into November. Since reaching $0.13, price has stopped making lower lows and begun consolidating within a narrow range. This behavior suggests the market is testing whether demand at this level can prevent further downside in the near term.

⬤ A notable technical development is the TD Sequential indicator flashing a buy signal at current levels. This signal typically appears after extended downside moves and points to potential trend exhaustion rather than a confirmed reversal. Holding above $0.13 could allow price to recover toward the $0.22 area, which aligns with a previous zone where selling pressure increased earlier in the trend.

⬤ This setup is significant for overall market sentiment, as reactions at well-defined support levels often shape short-term price direction. A sustained defense of $0.13 would indicate stabilization after months of weakness, while a decisive move below this level could signal continued downside risk. With volatility remaining elevated, the $0.13 zone now serves as a clear reference point for assessing momentum and near-term market balance in SEI.