- SEI breaks out from a descending channel with a 107% target as bullish momentum builds above the $0.1799 resistance level.
- WLFI’s $775K SEI purchase at $0.158 boosts market confidence, signaling high-stakes commitment despite prior unrealized losses.
- The breakout and WLFI’s bold move spotlight SEI’s upside potential, with no major resistance until the $0.3724 target zone.
SEI has staged a technical breakout from a descending channel, signaling a potential trend reversal after months of decline. The breakout follows a four-month downtrend that had kept the SEI/USDT pair locked below resistance. The price surged past the upper boundary of the channel near $0.1799, triggering fresh bullish momentum. This breakout points toward a midterm target of $0.3724 — representing a 107.79% upside.
Moreover, blockchain data shows that World Liberty Financial (WLFI) has made a bold $775,000 investment in SEI. WLFI acquired 4.89 million SEI tokens at an average price of $0.158 per coin. As of now, their SEI holdings stand at 5.98 million tokens. This strategic move has sparked growing political and financial interest, especially given WLFI’s controversial crypto presence.
Technical Breakout Signals Trend Reversal
The breakout emerged after SEI bounced off support near the $0.1250 level. Before that, the token had formed a short-term bottom. A series of strong green candles then confirmed bullish strength, with the breakout candle closing above resistance. The breakout reflects growing buying interest and an early-stage trend reversal. The move follows multiple failed attempts to break resistance in recent months.
Besides, the channel structure had shown strong reliability, with multiple price reactions to both trendlines. No major resistance now lies between the breakout level and the target range. The breakout formation aligns with the measured move technique, suggesting a continued uptrend. Additionally, the bullish candle structure supports this positive technical setup.
WLFI’s Risky SEI Bet Draws Spotlight
WLFI’s involvement adds fuel to SEI’s recent momentum. Known for aggressive strategies, WLFI has invested over $346.8 million across 11 tokens. However, the firm currently sits on unrealized losses of $145.8 million. Hence, this SEI acquisition signals that WLFI remains committed, despite previous setbacks.
Furthermore, the group’s ties to former President Donald Trump increase public attention on SEI. WLFI’s risky bet may reflect inside confidence or long-term strategic alignment. For traders, the combination of technical strength and institutional interest may offer a rare midterm opportunity.
