Meta Description: SEI dips as traders eye TD Sequential buy signals while Crypto.com custody integration strengthens institutional confidence in Sei Network.
- SEI faces selling pressure but TD Sequential buy signals and strong support zones spark cautious optimism among traders for a rebound.
- Crypto.com expands institutional custody for Sei Network ensuring secure SEI token storage while boosting investor confidence in adoption.
- Traders now weigh SEI’s near-term technical recovery signals against long-term institutional support driven by Crypto.com’s custody partnership.
Sei (SEI) traded lower on September 20, yet technical indicators pointed to a potential turnaround. The SEI/USDT perpetual contract chart on Binance showed the token at $0.3210, down 0.31% within the session. Trading started near $0.3420, but strong selling pressure pushed the price downward. However, the TD Sequential indicator flashed multiple buy signals, hinting at a possible recovery.
Moreover, price action across the one-hour timeframe highlighted key support and resistance zones. SEI consolidated at $0.3240 before sliding further. Strong support emerged near $0.3180, where buyers stepped in to absorb selling pressure.
Source: Ali
Resistance stayed firm at $0.3360 after repeated rejection patterns. Consequently, traders monitored these levels closely as the dotted projection line suggested potential upside targets if momentum reversed.
Technical Volatility and Market Sentiment
Besides price levels, volume data reinforced the market mood. Heavy selling volume accompanied the decline from $0.3490. Activity slowed during consolidation phases but rose again as breakdowns continued.
Individual candlesticks revealed sharp upper and lower shadows, signaling active push and pull between buyers and sellers. Hence, the overall session maintained a bearish tone, even as buyers attempted to defend critical levels.
Additionally, SEI hovered near session lows with weak upward momentum. Sellers clearly dominated across the examined intraday charts. Still, the TD Sequential signaled conditions favorable for accumulation, sparking interest from traders eyeing a rebound.
Crypto.com Expands Custody to Sei Network
Beyond market action, a significant development came from Crypto.com on September 19. The exchange integrated its institutional-grade custody solution with Sei Network. This move allowed secure storage for SEI tokens, strengthening infrastructure for high-frequency and low-latency blockchain applications.
“Institutional custody is a critical foundation for scaling blockchain ecosystems,” said Eric Anziani, President and COO of Crypto.com. He emphasized that the integration supports Sei’s mission of powering advanced applications with robust compliance standards.
Justin Barlow, Executive Director at Sei Development Foundation, welcomed the partnership. “Through Crypto.com Custody, institutional investors will have yet another tool to interact with Sei in a secure and regulated way,” he stated.
This dual dynamic of buy signals and custody expansion strengthens SEI’s outlook. Traders now weigh technical recovery signs against institutional confidence driving long-term adoption.
