After months of decline, SEI appears to be forming a bottom within a historically significant price zone. The asset has returned to levels where institutional buyers previously accumulated before a 140% surge earlier in 2025. Traders are now monitoring whether this accumulation phase will trigger another major breakout.
What's Happening Now
SEI is trading in what analyst Crypto Patel calls the "Re-Entry Zone" between $0.16 and $0.20. This range previously served as a launching pad for substantial gains. The weekly chart suggests the coin has completed a full market cycle and may be entering another expansion phase. If the pattern repeats, price could climb toward $1.00–$3.50 in coming quarters, with optimistic projections reaching $5.05 (representing over 1,100% upside).

The technical structure shows clear accumulation behavior, with buyers consistently absorbing supply at these levels. A sustained close above $0.28–$0.30 would confirm short-term reversal and likely attract momentum traders. The chart's symmetrical pattern resembles classic setups that precede vertical growth phases once key resistance zones break.
Why This Setup Matters
The consistent buying at the same price levels suggests institutional involvement rather than retail speculation. SEI's blockchain ecosystem continues expanding through partnerships and developer adoption, strengthening the fundamental case. As broader altcoin sentiment improves, mid-cap projects with solid technical bases typically lead recovery rallies. This combination of technical positioning and fundamental strength makes the current range interesting for patient traders willing to wait for confirmation.
SEI's chart reflects textbook re-accumulation that historically precedes explosive moves. The support near $0.20, combined with bullish projections toward $3.00+, suggests significant upside potential for those who enter during this consolidation phase and wait for the breakout to develop.