Sei Breaks Falling Wedge, Holds $0.20 Support as Focus Shifts to $0.22
Early momentum readings point to a tentative reversal that needs confirmation from sustained strength.
Overview
- SEI trades near $0.21 with a market value about $1.29 billion and roughly $80 million in 24‑hour volume, extending a short‑term rebound.
- RSI has climbed into the low 40s and sits above its moving average, while the MACD histogram is positive and a bullish crossover is approaching.
- Price action shows higher lows forming after the early‑October slide, with the token consolidating over the $0.18–$0.20 demand zone.
- Analysts flag immediate resistance near $0.2106–$0.2285, with conditional upside toward $0.24–$0.25 if buying pressure and volume continue to build.
- Third‑party 2025 forecasts span roughly $0.154 to $0.45, highlighting uncertainty and the importance of holding recent gains and closing above ~$0.203–$0.21.