- SEI trades near key support at $0.19 as institutional growth meets tight technical compression, signaling a possible market turnaround.
- Despite repeated rejections, SEI shows renewed strength as traders watch the $0.26–$0.30 range for a potential breakout move.
- Analysts view SEI’s falling wedge pattern as a setup for recovery, with strong fundamentals backing future bullish potential.
SEI market activity is compresses near a critical support zone. The SEI/USDT pair trades close to $0.19, reflecting exhaustion among sellers after months of steady declines. Despite growing institutional adoption through Apollo, Robinhood, and BlackRock’s Kaio, SEI’s chart reflects a prolonged downtrend.
According to CryptoBusy, SEI remains inside a long-term falling wedge, a structure known for forming before major trend reversals. The price has traded within two descending trendlines since mid-2024, moving through lower highs and lower lows.
However, the market now consolidates near the wedge’s lower boundary around $0.19, signaling possible accumulation. If SEI breaks above the $0.26–$0.30 range, analysts foresee a recovery toward $0.40 or higher levels.
SEI’s Downtrend Shows Compression and Exhaustion
Throughout 2024, SEI consistently traded below $0.40 with multiple failed attempts to breach resistance levels. Each rally met selling pressure, forcing the token back into its lower trading range.
The price was close to $0.25 by early 2025, but it fell below $0.20 due to a severe correction. Before sharply rising above $0.19, the price momentarily declined toward $0.08. This volatility highlights traders’ active short-term reactions and limited liquidity.
Currently, SEI continues to trade between $0.16 and $0.26, showing compressed price action within the descending wedge. Moreover, steady trading volume indicates growing interest around these levels. Consequently, the pattern points to market participants awaiting confirmation of a potential breakout.
Crypto analyst Michaël van de Poppe reaffirmed SEI’s technical setup as an attractive entry zone. He stated, “This remains to be the best area to be looking at Altcoin positions. $SEI is back to the higher timeframe support level.” He added that strong ecosystem developments could drive SEI back toward its fair value, emphasizing long-term potential growth.
