SEI Technical Breakout Signals Short-Term Bullish Target Around $0.37 Zone

SEI rockets past resistance—traders eyeing $0.37 as next profit-taking zone.

Technical Momentum Builds

The breakout pattern suggests sustained upward pressure, defying broader market hesitation. Chart analysts point to clean volume confirmation and weakening sell-side liquidity.

Short-Term Targets in Play

That $0.37 level isn't just psychological—it aligns with Fibonacci extensions and previous liquidation clusters. Expect some friction there, but momentum traders won't care about 'overbought' signals until after the fact.

Because nothing says 'healthy market' like chasing 20% moves based on lines drawn by someone you've never met.

• SEI gained 3.17% in 24 hours, sustaining bullish strength.
• A breakout from a descending wedge signals renewed buying momentum.
• The short-term target is set near $0.37, with key resistance levels ahead.
• Long-term accumulation hints at a possible rise toward $0.50–$0.60.

SEI continues its positive run, standing out in the crypto market as investors made appreciable efforts, recording a 3.17% rise in the past 24 hours. On a weekly scale, the token has secured a 2.71% gain, reinforcing its steady upward path.

At the time of writing, SEI is trading at $0.2958, supported by a market capitalization of $1.77 billion. Trading activity, however, shows a notable slowdown, with daily volumes down 23.62% to $116.78 million.

The breakout from a descending wedge pattern has reignited bullish momentum. Green candles have consistently pierced through resistance levels, confirming strong demand from buyers. This structure signals a potential continuation of the rally, as investors position for the next MOVE higher.

Resistance and Support Levels Shape Near-Term Outlook

According to crypto analyst Ali, price action now tests critical levels on the Fibonacci retracement scale. Immediate resistance stands at $0.3013, aligning with the 0.618 retracement zone.

A clear close above this point could pave the way for advances toward $0.3124 and $0.3239. Traders anticipate partial profit-taking at these zones, though stronger buying could stretch the rally toward $0.3387 before testing the $0.3640–$0.3700 range.

On the downside, Sei holds strong support between $0.2920 and $0.2860. This zone coincides with the 0.786 retracement area, making it a crucial safeguard for maintaining bullish sentiment.

If this base weakens, attention WOULD shift toward $0.2680, marking the wedge’s lower boundary and a possible invalidation of the breakout structure. For now, holding above $0.2920 keeps bulls in control and strengthens the upward case.

SEI Long-Term Accumulation Signals a Larger Move Ahead

Beyond the short-term goals, Sei demonstrates indications of gearing up for a bigger breakout. According to a crypto analyst, the token has consolidated in the last month inside a small trading range, supported by increasing volume. This consolidation phase indicates that a steeper move in the direction of the $0.50–$0.60 range may be imminent.

Fundamental growth supports the view. On-chain data shows wallet accounts reaching 62 million and higher, a 600% increase since the start of the year. The decentralized exchange volume has also become larger, reaching the scale of $1.5 billion on a month-to-month basis, and the total value locked has moved up from $180 million to $590 million. All developments refer to increased adoption by both retailers and institutional users.

ETF filings and regulatory discussion allow room for institutional inflows, and Sei positions itself as a token that technically and fundamentally looks good. The price is watched closely by traders, and the wait-and-see scenario will be rewarded if the anticipated breakout holds through.