$SEI has faced a clear rejection at the $0.70 resistance level, following the broader trend seen across other altcoins. The price is now in a sharp decline, heading towards its key support zone around $0.47–$0.50. Traders should closely monitor this level, as it is critical for bulls to defend it in order to avoid further downside. A successful hold at this support zone could lead to a strong bounce, presenting a potential buying opportunity. On the flip side, a decisive break above the $0.70 resistance would open the door for a rally towards the $0.90–$1.00 range, offering traders a solid upside potential. Keep an eye on these key levels for optimal entry and exit points.
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