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Ali Charts targets $0.115
According to the latest analysis report of the cryptocurrency Ali Charts, SEI is "as expected" approaching its target price of $0.115 based on the analysis of the coin type.
The chart shows that SEI rebounded after touching a low of $0.106 and formed higher lows, providing a bullish short-term structure for its recovery. Overall, SEI remains in a broader daily downtrend, with various indicators showing signs of potential recovery. Although the price of the coin is still below all necessary moving averages, market sentiment remains positive as it tries to hold support levels and move towards $0.115. The market needs to confirm a breakout of recent resistance levels to establish a stronger outlook.