Technical analysis by MangoMan4 about Symbol SEI: Buy recommendation (7/24/2025)

SEI is currently approaching a major descending trendline resistance after reclaiming the key weekly support zone around $0.20–$0.31. Price action is showing strength with a potential reversal setup building. 🔹 Key Technical Levels: 🔽 Support: $0.20–$0.31 (reclaimed zone) 📉 Resistance: Descending trendline from previous highs 🎯 Target 1: $0.5571 🎯 Target 2: $0.9109 🛑 Invalidation: Break below $0.1165 (risk zone) 📌 Technical Outlook: Bullish structure forming above a long-held support A breakout from the trendline could initiate a strong leg upward Risk-to-reward remains favorable for mid-term swing setups Watch for volume confirmation if SEI closes above the trendline. Momentum may accelerate toward the targets with bullish follow-through.