SEI Technical Analysis in 2-Day Timeframe

2 aug.Hello everyone, I'm Cryptorphic. 
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Now, let's dive into this chart analysis:

The SEI token is in a bearish trend and is currently close to the support range. A couple of weeks ago, SEI attempted to break the resistance trendline but was rejected.

With the current price action, it is likely to see SEI hitting the support range between $0.227 and $0.280.

A rebound is likely expected from the support range, potentially rallying to $1, the all-time high.

Key levels:

- Support/Accumulation: $0.227 to $0.280.
- Primary Resistance: $0.32.
- Target: $1.
- Invalidation: A close below the support level.

DYOR. NFA.

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