SEI Crypto Surges: $1.14 Breakout Imminent as Bulls Take Control

SEI isn’t just moving—it’s gunning for the $1.14 resistance with the subtlety of a bull in a china shop. Here’s why traders are scrambling.

The Setup:
After weeks of consolidation, SEI cracked its upper trendline like an overeager trader hitting leverage. The charts scream bullish—unless you’re short, in which case they probably scream something else.

The Target:
That $1.14 level isn’t just psychological—it’s where profit-taking meets FOMO in a glorious, volatile mess. Watch for a retest if it breaks, because crypto loves nothing more than fakeouts (except maybe rug pulls).

The Wildcard:
Macro winds could still knock this rally off course—but since when has rationality stopped a crypto pump? Buckle up.

• SEI gains over 5% in 24 hours despite calm market conditions.
• The price is approaching $0.39 resistance level, which could trigger a strong upward move.
• Market activity and open interest show signs of growing investor participation.

SEI is moving upward in value, defying the broader market’s steady pace. Over the past 24 hours, the cryptocurrency has risen by 5.08%, while over the last week, it has posted a more modest gain of 2.06%.

At the time of reporting, SEI is priced at $0.3055, supported by a 24-hour trading volume of $149.97 million and a market capitalization of $1.77 billion.

This growth comes as overall market sentiment turns bullish, an indication that the token is benefitting from the current market phase. Analysts point out the asset is close to a key level where it could make its next directional move.

SEI Key Resistance Could Trigger Larger Price Movement

Market watchers are closely observing SEI’s movement as it approaches a key price level at $0.39. Analysts believe that if the token manages to MOVE past this level, it could open the door for a much larger rise in value.

Well-known crypto analyst Ali suggests that once this barrier is crossed, the price could eventually rise to $1.14. Charts indicate SEI emerging from a longer decline and approaching the higher boundary of a descending channel pattern.

A successful breakout above $0.39 could signal a shift in momentum, suggesting an upward trend. Analysts also cite potential step-by-step targets at $0.49 and $0.72 en route to the longer-term target of $1.14.

There are, however, risks. If the token finds rejection at this resistance point or breaks down below $0.29, it could invalidate this optimistic scenario.

Investor Interest Continues to Rise

In terms of activity, SEI’s market continues to show signs of life. Trading volume has slightly increased by 1.10%, now at $288.92 million. Meanwhile, open interest, which reflects how much money is held in active contracts, has jumped by 8.84% to $277.75 million.

This rise signals growing confidence from participants in SEI’s potential movement. The current sentiment score from these positions is 0.0095%, showing mild optimism, though still relatively cautious.

If the token ends the week with a strong push above $0.39, it could confirm the early signs of a major price shift, drawing greater attention from across the crypto space.