SEI: Is There a Chance for an Upside Reversal? Altcoin Analysis

SEI: The price has not provided a clear indication that a substantial low has formed. A break above $0.337 is needed for an indication that a low of sorts has formed. However, as long as the rally is not in 5 waves and the foundation remains corrective and is based on 3-wave structures, any move to the upside could simply be a wider corrective rally. I do not see a clear pathway for higher prices at this point, but the area around $0.20 offers some support. Below this level, $0.136 and $0.09 are the next support levels.