$SEI Here, the price is not showing strength,
but it has clearly stopped falling.

After the entire distribution and decline phase, the market has entered a zone of absorption: it is slow, it is boring, it is sideways — and this is often how a usable bottom is formed.

It is not a trend reversal.
It is not a bullish call.
It is simply a possible temporary operational bottom. This is the type of structure I like:
little risk below, room above, no story to tell. Easy invalidation.