🚨 The market is not testing support at $SEI ... Rather, it is testing the conviction of buyers.

Since the last peak was recorded, $SEI has been moving within a clear bearish structure, where all attempts at a rebound have failed to break the downtrend line, while highs and lows have continued to decline.
But what changed today is that the price has returned again to the main defense zone between $0.046 and $0.048.
This is not just a support zone...
It is the zone where buyers previously defended and stopped the selling wave. Therefore, any rebound from here will have greater value than any rebound that occurred in the middle of the trend.
But the market has not given the signal yet.
The positive scenario will only begin if the price succeeds in breaking the downtrend line and turning it into support, because that will be the first evidence of control gradually shifting from sellers to buyers.
At that point, the technical targets become:
🎯 $0.0604
🎯 $0.0699
🎯 $0.0784
If the price loses $0.0450 with a clear close, that would be a signal that buyers have abandoned the last defense zone, opening the way to test deeper demand zones before any reliable reversal appears$SEI