SEI Surges: Technical Breakout Paves Way for $0.138 Recovery Target

SEI isn't just bouncing—it's building momentum. After a period of consolidation, the asset's technical structure is flashing signals that have traders shifting from watchful to bullish.

The Setup: Reading the Charts

Key indicators have aligned, suggesting the recent lows may have formed a solid base. The move isn't random noise; it's a technical play unfolding on the daily chart, with volume confirming the shift in sentiment.

The Target: Eyes on the Prize

The path of least resistance now points toward a key psychological and technical level. Analysts are charting a course for a retest of $0.138, a zone that will separate a mere rally from a genuine trend reversal. Forget hopium—this is about structure and follow-through.

Market Mechanics: Why This Time Could Be Different

It's not just about price. Underlying market mechanics—from order book depth to shifting momentum oscillators—hint at a foundation that wasn't there during previous false starts. The market has a short memory, but the charts don't lie. Of course, in crypto, a 'solid foundation' can sometimes mean 'slightly less quicksand than last week.'

The Bottom Line

SEI's recovery narrative is gaining credibility. The $0.138 target is now in play, marking the next major hurdle. Whether it becomes a springboard or a ceiling will depend on whether the bulls can maintain this pressure. Watch for a decisive close above that level—that's when the real fun begins.

SEI Technicals Suggest Decreasing Bearish Strength

The chart shows that there was a gradual increase in the price from July to early September, with a high reached close to $0.357. However, this was followed by consolidation between the Fibonacci levels of $0.262–$0.334 until a sharp move was seen in mid-September, breaking various levels, thus showing a transition from being bullish to being bearish.

Source: TradingView

From October to early December, the downtrend continued, with Sei approaching the 2.618 Fibonacci extension level of 0.108, which gives a hint of strong oversold conditions. The MACD indicator reflects strong bearish sentiment, with the MACD line remaining below its signal line, although the MACD histogram indicates diminishing strength.

SEI Bullish Divergence Signals $0.138 Recovery

Moreover, the crypto analyst, Ali, revealed that bullish divergence is taking place in the SEI’s chart on the Relative Strength Index (RSI). This indicates that the recent selling may be slowing down. After a few weeks of sideways action, this indicator is a strong sign that the market may be poised for a turnaround. Market participants are starting to take note of this, as this is often a precursor for a strong reversal.

Source: Ali

Market observers are closely watching a retracement that may see the rate move back close to the opening value in December of approximately $0.138, a level that was previously pivotal as both support and resistance. If this value meets with buying interest, then a fresh positive push may see SEI move ahead.

Also Read: SEI Targets $0.156 Following EMA Break as Institutional Adoption Strengthens