SEI Climbs 6.81% to $0.3418 As Weekly Chart Projects Targets Near $2.94

SEI gained 6.81% in 24 hours, trading at $0.3418 with strong intraday momentum.

Trading volume hit $134.91 million but recorded a 38.86% decline from previous levels.

Weekly projections show potential breakout targets between $2.93 and $2.94 after prior consolidation.

SEI, a cryptocurrency based on SEI network has initiated an upward trend after touching it lows and consolidation in the levels. The uptick has prompted market analyst to weigh on it next market position as the bulls hints at take over to new price levels that has accelerated the weekly gain to 6.88%.

SEI Current Market Action Reveals Bulls Play

Tracking the ongoing price trend at the time of press, CoinMarketCap data reveals that SEI opened its today’s market during the Asian trading session at $0.3247. The price has gained it momentum to the current price levels as the asset trades at $0.3418, marking a 6.81% increase over the past day. After consolidating around $0.325 for several hours, SEI accelerated upward during the morning

Source: CoinMarketCap

By 9:00 AM East African Time, the price climbed above $0.335, supported by continuous buying activity. The rally extended into midday, pushing the token to its peak level of $0.3418. Trading volume over the same 24-hour period reached $134.91 million, though it dropped 38.86% compared with previous levels. The intraday chart shows steady gains across consecutive hours, confirming SEI’s short-term upward trend.

SEI Weekly Chart Shows Strong Breakout Momentum

Confirmed by CoinMarketCap price trend SEI has displayed a shift in its weekly chart structure, moving from prolonged consolidation into a rapid upward phase.The SEI weekly chart displays a projected consolidation phase followed by two potential breakout points. The first projection is near $0.67, marking the end of a prolonged downtrend through an extended wedge formation. From this level, the projection shows a steady advance beyond the macro bull flag pattern that defined most of 2024 and early 2025.

Source: X

The second projected breakout indicates a stronger acceleration phase, with movement from below $1.50 toward a target close to $3.00. The chart projection places a peak at $2.9484, with resistance also visible near $2.9332. These figures represent modeled outcomes based on the breakout structure. During the earlier stages of this projected cycle, multiple rejections appeared near the macro flag resistance. Once consolidation phases ended, the projection illustrates volume and momentum expansion, leading to a sharp upward move

The transition from the first to the second breakout represents a modeled shift in market direction. The current structure indicates that SEI’s projection remains elevated after testing levels above $2.90. With the macro wedge resolved and resistance tested, the chart projects SEI positioned within a new cycle phase. The historical wedge pressure in this projection aligns with potential rapid upside momentum.