SEI Enters Fib Reload Zone-Can Bulls Defend the Golden Pocket for a Rebound?

SEI closed at $0.3111 after rejecting $0.3442, pulling back toward key Fibonacci support near $0.29.

The retracement zone between $0.2968 and $0.2577 is now the focal point for structure and momentum.

SEI holds a bullish structure as long as it stays above $0.2577, with eyes on a rebound toward $0.3442.

SEI closed the day at $0.3111, falling 4.77% after hitting $0.3442 and failing to hold above it. This rejection halts recent momentum and brings short-term focus to lower support levels within the bullish structure.

The chart shows SEI pulling back into a demand box near $0.29, a confluence of key Fibonacci and S/R levels. This area has structural importance and marks a potential reload zone if buyers reengage.

Swing High Rejected, Fib Box in Focus

SEI reversed from the $0.3442 level and failed to log a daily close above it. Inside the retracement zone, the 0.618 level sits at $0.2968, the 0.65 at $0.2776, and the 0.786 at $0.2577. All these Fibonacci points sit within a previous breakout zone tested in late June.

With this behavior in mind, the price is now compressing inside a structure that offers potential support for another leg up. This reaction area acts as a pivot-either confirming demand or allowing deeper retracement toward the invalidation line. A hold within this region keeps SEI in bullish territory.

SEI Still Within Bullish Continuation Framework

An analysis by ChiefraT explains that SEI remains in an active bullish structure despite the latest rejection candle. According to his view, volume has declined as price approached resistance, a typical setup before renewed breakout attempts. Structure remains valid as long as SEI holds above $0.2577.

More importantly, this price reaction creates space for accumulation and tests the strength of the current uptrend. This zone now carries real weight, as it could spark SEI’s next major directional move. Eyes are locked on the 0.618–0.786 retracement area, where bulls may look to reload.

Daily Range Compression Signals Tension Before Next Move

This shift suggests that SEI is preparing for another test of either resistance or deeper support. Daily candles now show smaller ranges, boxed between previous resistance and key support levels below. This tightening is often a precursor to volatility.

Following this interaction, SEI could bounce from the fib box and aim for $0.3442 again, if the structure holds. A failure to defend this area could shift momentum toward the $0.2577 invalidation point. For now, this technical cluster controls the near-term direction and structure outlook.

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