Usman Salis
SEI coin is displaying renewed strength after holding firm at a crucial support zone near $0.19, where a notable bullish divergence has developed on the RSI indicator. This technical setup suggests a potential trend reversal could be taking shape as momentum indicators begin turning upward despite recent price weakness.
Technical Setup Points to Market Reversal
On the 12-hour chart, SEI has successfully defended its position above a key horizontal support line between $0.185 and $0.190. As noted by trader Sjuul | AltCryptoGems, while the price continues making lower lows, the RSI is steadily forming higher lows—a classic bullish divergence pattern typically seen near market bottoms.
This signals that selling pressure is weakening and momentum may be shifting in buyers' favor. Candlestick rejections along this support area further reinforce the idea of accumulation rather than distribution. If this structure holds, SEI could soon push toward the $0.22 region where previous resistance and profit-taking zones are located. However, a sustained break below $0.185 would invalidate this bullish scenario and potentially expose downside targets around $0.175.
Market Context and Broader Sentiment
The emerging strength in SEI aligns with broader altcoin market stabilization following weeks of correction. Traders are watching momentum indicators like RSI and MACD across multiple tokens, as divergence patterns similar to SEI's have historically marked trend reversals in oversold conditions. The partnership visibility with MEXC, shown on the chart, also adds to investor confidence as SEI gains recognition across major exchanges.
Bulls Eye Move Toward $0.22
SEI's solid defense of the $0.19 support zone combined with the RSI divergence suggests the coin may be entering a fresh short-term bullish phase. While confirmation depends on stronger volume and a clean break above $0.21, the technical picture shows growing optimism among traders. For now, SEI stands out as one of the few altcoins displaying early reversal potential—a setup that's catching increased attention from market participants.
Usman Salis
