Alex Dudov
After weeks of decline, SEI is showing early signs of stabilization within its long-term ascending channel. The token is currently consolidating near the $0.19 level, a zone that has historically served as a launch point for upward moves. The chart reveals the asset remains within a broad, upward-sloping structure that has guided its price action since early 2024.
Technical Analysis: SEI Defends Lower Channel Boundary
Trader Ali notes that SEI's ability to hold this support could soon trigger a move toward $0.31–$0.44, provided buying volume picks up from current levels. The daily chart shows SEI trading inside a well-defined ascending channel, with consistent higher lows forming along the lower trendline.
The current price around $0.195 sits almost exactly on this dynamic support — a key level that has sparked multiple bullish reversals over recent months.
Key technical observations:
- Support Zone Strength: The $0.18–$0.20 area continues acting as a strong accumulation zone, with each previous retest leading to recoveries of 35–60%
- Upside Targets: The projected path points first toward $0.31 (mid-channel resistance) and then $0.44 (upper boundary), aligning with the dotted forecast trajectory
- Momentum Outlook: The trend projection suggests a potential gradual climb, likely featuring brief consolidation phases before any sustained move higher
SEI's technical setup suggests the recent correction may be nearing exhaustion, with the next move depending heavily on renewed buyer participation and broader market sentiment.
A Potential Turning Point for SEI
While SEI hasn't confirmed a sustained reversal yet, the current setup presents an important inflection point. Holding support above the $0.19–$0.20 range would reinforce the long-term ascending structure, while any volume uptick could push prices toward the $0.31–$0.44 resistance band. The coming days will be crucial in determining whether SEI can translate its technical resilience into a meaningful recovery that positions the coin back into the mid-range of its broader uptrend.
Alex Dudov
