SEI Coils at $0.32 as Chart Patterns Signal Breakout Toward $1.50

Sei (SEI) is consolidating at $0.32 against a descending trendline, with tightening ranges and accumulation signaling possible breakout momentum ahead.

Chart projections outline key resistance levels at $0.72, $1.32, and $1.50, forming major milestones for potential upward market expansion.

Sei’s network growth is accelerating, with all-time highs in wallets, transactions, and active contracts, while TVL approaches its previous peak.

Sei (SEI) is trading near $0.3429 as of writing, recording a 7.41% daily gain and a 6.47% rise in the past week. Market analysts now view the token as coiling at a crucial technical level, with momentum suggesting a breakout could soon unfold.

Coiling Structure Near Key Resistance

The chart for $SEI indicates a tightening price range as the token presses against a descending trendline that has limited growth since 2024. Each decline has become shallower, while volume reflects steady accumulation. This formation signals pressure mounting ahead of a potential breakout.

Unofficial market commentary from Sei Intern described $SEI as “coiling up” at $0.32, with momentum building. The post outlined immediate breakout targets at $0.72, $1.32, and $1.50. These levels align with structural resistance points and psychological milestones.

The suggestion is that confirmation above the downtrend line could trigger rapid upward movement. Market history shows that once resistance gives way, momentum can accelerate quickly, with limited warning before price expansion.

Technical Roadmap and Price Targets

If a breakout materializes, the first target at $0.72 would represent a major test for bulls. This level has acted as structural resistance and could attract near-term profit-taking. Maintaining conviction beyond this point opens the path toward $1.32.

The $1.32 zone carries both technical and psychological weight, representing an area where traders may reassess market conviction. A further push could extend the move toward $1.50, forming a clear sequence of breakout milestones.

Longer horizon projections shared by Sei Intern suggest the potential for extended expansion, with estimates ranging from $15 to $20 if cycle dynamics align. Such scenarios, while speculative, have precedent in past altcoin cycles that transitioned from accumulation phases into rapid growth.

Network Activity and Ecosystem Growth

Supporting the price discussion, crypto analyst Rand pointed to Sei’s expanding network usage. Daily new wallets, transactions, and active addresses have all reached all-time highs. Additionally, active contracts have risen, reflecting growing participation across the chain.

Rand also mentioned Sei's Total Value Locked (TVL), which has only 6% to go before hitting an all-time high. This fact shows us that capital is coming into the ecosystem steadily, and it certainly strengthens the overall bullish narrative.

These metrics indicate a growing user base and increasing activity of applications while price action is tightening. If sustained, this combination of technical and fundamental strength could serve as a foundation for accelerated price discovery.

The post SEI Coils at $0.32 as Chart Patterns Signal Breakout Toward $1.50 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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