- SEI shows early signs of a bullish reversal as it rebounds 17% and tests the MA21, a key resistance since April 2024.
- Technical structure suggests SEI is entering Wave C of a macro ABC cycle with potential to surge over 500% toward new all-time highs.
- Volume recovery, higher low formation, and a double bottom signal strong accumulation and the start of a major uptrend into 2026.
SEI has posted a 17% daily gain, currently trading at $0.2065. This recovery comes amid broader market weakness, signaling a potential divergence. Technical analyst CryptoBullet, sees this bounce as a mirror of the April rally. Hence, many view the recent move as the beginning of a larger bullish trend. The token’s price action has now approached the MA21 level, which has served as a key resistance since April 2024. Breaking above this point may confirm the start of Wave C in a larger ABC market cycle.
Market Cycle Hints at Strong Upside Potential
SEI’s chart presents a textbook three-phase structure labeled A, B, and C. The initial peak—Point A—formed during early 2024, when SEI hit nearly $1.10. That phase marked a parabolic rally driven by strong volume and bullish sentiment. However, the token later corrected deeply, retracing around 87% from its peak to a low of $0.14 in mid-2025. This marked Point B, also seen as a “Higher Low,” often indicative of a potential reversal.
Source: CryptoBullet
Additionally, resistance zones formed during the decline offered momentary stability. These areas created temporary consolidation that helped reduce selling pressure. Besides, volume reveals these zones were crucial for institutional accumulation. Consequently, SEI’s price behavior mirrors crypto market cycles with exponential growth followed by a long correction.
Recovery Phase Strengthens Amid Breakout Signals
Currently, SEI is attempting to break above the MA21. This is a technical level that often defines trend direction. Moreover, a successful breakout would confirm a shift from bearish to bullish structure. The double bottom pattern forming near cycle lows further strengthens the bullish case. Historically, such patterns precede large upward moves, especially in crypto markets.
Furthermore, volume has started increasing again, indicating growing participation. This aligns with early recovery behavior seen in previous bull markets. CryptoBullet forecasts a new all-time high between $1.15 and $1.65 by end-2025. Hence, with current price levels around $0.20, the projected upside stands at over 500%.
