SEI has begun drawing renewed market attention after printing multiple TD Sequential buy signals on its 6-hour chart, a setup that may indicate a short-term rebound as downside pressure starts to fade. The token is currently trading near an area that previously acted as a base for brief recoveries, putting technical traders on alert.
Support Zone Back in Focus
The first buy signal appeared in the $0.183 to $0.185 range on October 17, followed by another around $0.191. SEI is now changing hands at $0.1916, placing it close to the familiar $0.185 to $0.192 support band that has historically helped stabilize price during short-term pullbacks.
On the chart, recent candles show small real bodies with long wicks, a pattern often associated with indecision. That structure suggests sellers are still active, but buyers are increasingly absorbing selling pressure near support. In technical terms, this kind of price behavior can mark a transition from persistent weakness to an early recovery attempt.
Why $0.198–$0.200 Matters
The next key level for traders is the $0.198 to $0.200 zone. A clean breakout above that range could open the way for a move toward $0.210. Until then, the current setup is better viewed as a tentative rebound rather than a confirmed trend reversal.
A white candle on the 6-hour chart adds to the recovery narrative, but follow-through remains essential. Market participants will be watching whether SEI can maintain strength above support and then convert nearby resistance into a new floor. That reaction is likely to determine whether the token can build on the latest buy signals or remain trapped in a fragile consolidation.