⬤ SEI kicked off December with solid momentum, pushing price action right up against a major resistance zone around $0.142. The token has bounced back nicely from late-November lows, with buyers stepping in to reclaim lost territory and stabilize near the top of its recent trading range.
⬤ After rallying from the $0.125 level, SEI is now consolidating just below resistance, creating a tight pattern that shows building pressure at $0.142. Technical analysis points to a series of upside targets at $0.148, $0.153, $0.159, and ultimately $0.164. "A decisive break above 0.142 would mark a meaningful shift in SEI's trend dynamics," suggesting the setup could deliver that 20% breakout if resistance gives way.
⬤ Market action shows momentum tilting toward buyers. SEI broke out of a downtrend and started printing higher lows, with the $0.138–$0.140 zone holding firm as support. The structure looks healthy as long as the token stays above these reclaimed support levels, though some pullbacks are possible during any continued climb.
⬤ Clearing $0.142 would be a game-changer for SEI's near-term outlook, potentially setting off a move toward those mid-December targets. With well-defined technical levels overhead and a solid recovery pattern in place, SEI is sitting at a critical junction where a breakout could shift sentiment heading deeper into December.
Artem Voloskovets
Artem Voloskovets