- SEI holds steady above $0.28 as Tanaka highlights bullish structure and traders speculate on possible ETF-related momentum.
- Growing optimism surrounds SEI as it maintains key support and investors react to recent SEC filing updates tied to ETF Trust.
- SEI’s technical setup shows resilience with higher lows forming, while market chatter over an ETF filing boosts trader confidence.
SEI is holding strong near its crucial support zone between $0.28 and $0.30, drawing traders’ attention amid renewed market speculation. The token trades at $0.2931 on Binance, marking a 1.31% gain as of October 6, 2025.
Analyst Tanaka shared his outlook on X, stating, “I’m still holding, and honestly, the structure looks decent as long as $0.28 – $0.3 holds as key support.” His post coincided with growing buzz about a recent U.S. Securities and Exchange Commission (SEC) filing involving ETF Opportunities Trust, which some investors interpreted as an early sign of potential SEI-linked developments.
According to Tanaka, SEI continues to defend its base while forming higher lows along a rising trendline. Besides, he pointed out that a daily close above $0.35 could shift momentum in favor of the bulls. “My short-term target: $0.475, and if broken, the next zone is around $0.68 – $0.70,” he added. However, he cautioned that a dip below $0.27 would invalidate the bullish setup, emphasizing risk management and patience.
Price Action and Market Context
The SEI/USDT chart shows a history of erratic trading. Early in 2024, SEI had a tenfold increase, rising swiftly from $0.10 to almost $1.00. But by the middle of 2024, the rise had lost steam and had corrected to about $0.40. Additionally, the token returned to its current range after a secondary bounce in late 2024 drove values toward $0.70 before another collapse occurred.
The $0.20 support level is still a crucial defensive zone at the moment and regularly draws a lot of buying interest. SEI also encounters significant resistance at $0.3521, $0.4755, and $0.6984. As a result, breaking above the initial level can signal the start of a brief upward trend.
In the meantime, the SEI community is talking about a filling that ETF Opportunities Trust made on October 3, 2025. Post-Effective Amendment No. 408, as filed under the Securities Act, is not a new fund launch; rather, it is a regulatory update.Nevertheless, traders speculated about potential links to SEI after influencer SeiWizard posted, “$SEI ETF INCOMING.”
