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Sei Price Explodes 40% – Here’s Where It’s Headed Next!

Sei Price Explodes 40% – Here’s Where It’s Headed Next!

Author:
Coingape
Published:
2025-06-24 08:40:22
19
3

Sei just pulled off a jaw-dropping 40% breakout—traders are scrambling to position for what comes next.

### The Rally No One Saw Coming

Defying sideways market action, Sei’s chart went vertical overnight. Liquidity got vacuumed up faster than a hedge fund’s client funds during a margin call.

### Key Levels to Watch

The $0.80 zone now flips from resistance to support. If it holds, the path opens toward the next psychological barrier at $1.20—last tested during the 2024 mania phase.

### The Big Question

Is this sustainable growth or just another VC unlock pump? The order book depth suggests real buying pressure… for now. But in crypto, 'organic demand' often just means 'not yet dumped on retail.'

One thing’s certain: if you’re not watching Sei’s volume and exchange reserves like a hawk, you’re basically donating to the smart money.

SEI Price Analysis

The Israel-Iran ceasefire announcement has breathed life into global markets, and crypto is no exception. Leading the charge today is Sei, which has emerged as the top gainer amid the rebound. With a massive 40% price spike, SEI is currently trading at $0.2851, signaling a clear breakout from its multi-week downtrend. Backed by soaring trading volume and bullish technicals, Sei appears ready to enter a new bullish phase. Join me as I decode the possible short-term Sei Price Analysis.

Sei Price Analysis

The SEI price chart on the daily timeframe presents a textbook falling wedge breakout, often considered a bullish reversal pattern. After several weeks of consolidating within this wedge, SEI broke out with high conviction, surging past its upper trendline and Bollinger band median.

Sei Price Chart

The breakout is further validated by the RSI, now at 73.60, entering overbought territory. This suggests strong buying pressure, although a short-term cool-off cannot be ruled out. The price has also moved above the 20-day Bollinger Band, another bullish signal often preceding continuation rallies.

If momentum holds, SEI’s next resistance lies NEAR $0.3336, a previous horizontal level of interest. On the downside, support is seen at $0.1964, with critical stop-loss protection near $0.1665, the recent wedge low. The Bollinger Band expansion combined with strong volume reinforces the possibility of further upside in the short term.

Also read our sei price prediction 2025, 2026-2030!

FAQs

Why is SEI pumping today?

The crypto market rebounded after the Israel-Iran ceasefire, and SEI led gains with a 40% surge.

Is SEI in a bullish breakout?

Yes, SEI broke out of a falling wedge pattern with volume confirmation, indicating bullish momentum.

Q3: What is the next key level for SEI?

Immediate resistance lies at $0.3336. If Sei breaks that, further upside is likely in the short term.

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