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SEI is hovering at the intersection of collapse and breakthrough, bulls face severe tests

Source: CoinWorld
The SEI is approaching the key resistance level at $0.38, which could trigger a 135% rebound to $0.70. Currently trading at $0.298, the token has shown signs of buyer interest after months of decline, with strong support at $0.26. If it ends up above $0.38, it indicates that it breaks through the downward trend, with the next target at $0.43-0.49. The rekindling of interest in the Layer-1 project and the growing DeFi activity on Sei Network provide fundamental support for the rise in SEI.
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