Alex Dudov
SEI is entering a crucial phase after experiencing a sharp selloff followed by an equally sharp rebound. The chart now signals potential short-term momentum as buyers appear to be regaining control. However, the price remains positioned directly under a major resistance area that will determine whether this recovery can extend further or lose steam.
SEI Consolidates Beneath Resistance as Momentum Builds
According to iWantCoinNews trader analysis, SEI is currently holding just below the $0.186 resistance zone, a level clearly marked on the chart as an upper boundary for the expected move.
The price recently formed a higher low after recovering from the $0.158–$0.166 support band, an area where the coin repeatedly found stability following the November dip. The updated chart also shows newly defined take-profit zones targeting levels near $0.21, $0.25, and $0.30 respectively, with stop-loss levels adjusted below the support floor to provide traders with a clearer risk-reward framework.
Chart Analysis: Early Recovery After Deep Decline
A closer look at the price action confirms several important technical signals. There was a large downward move earlier in November, followed by a steady basing pattern near $0.158, which then led to a strong rebound from support showing increased buyer interest at the liquidity zone. The current consolidation under $0.186 matches observations that SEI must reclaim this level to fuel further momentum, with the upside target path outlining potential levels aligned to previous supply zones. The chart accurately reflects a market attempting to shift from bearish pressure to short-term bullish structure.
Market Drivers: Why SEI Is Seeing Renewed Activity
SEI has been among the more volatile altcoins recently, reacting sharply to fluctuations in the broader crypto market. Renewed trading interest, improved sentiment in Layer-1 ecosystems, and a rotation into smaller-cap assets have all contributed to the rebound attempt visible on the chart. With clearer stop-loss and target levels now established, short-term traders are becoming more active and adding liquidity during each price swing.
Alex Dudov
