SEI Price Nears Critical Support Level, Signaling Potential Rally to $5
SEI token is approaching a pivotal re-entry zone between $0.25 and $0.20, a range historically favored by institutional investors for accumulation. Trading NEAR $0.28, the asset demonstrates robust technical support and growing market optimism, with analysts projecting 10x-20x returns in the next bull cycle.
The token has already delivered 145% gains from its initial entry point. Despite a minor 5.04% daily dip, the $0.25-$0.28 support zone appears poised to catalyze upward momentum. crypto Patel identifies this as a critical accumulation phase, suggesting stabilization could precede significant appreciation toward $2-$5 targets.
Total Value Locked (TVL) growth continues to fuel bullish sentiment. Traders are monitoring this technical inflection point for breakout signals, with the project's fundamentals and market structure aligning for potential upside.