Artem Voloskovets
⬤ SEI is closing in on a decisive technical moment as it trades below a long-term descending resistance trendline. The key resistance level now sits at $0.22, the zone that needs to be broken to kick off a new upward move. Currently consolidating around $0.13, SEI continues to follow the downward pattern that's shaped its price action for months.
⬤ The trendline connects three major swing highs, each serving as a rejection point that's kept the overhead resistance strong. Every breakout attempt has led to sharp reversals, keeping bearish pressure on SEI throughout 2024 and into late 2025. A potential breakout scenario suggests that clearing $0.22 could push the price toward higher targets between $0.40 and $0.65.
⬤ SEI's repeated failures at this descending barrier show a continued lack of bullish momentum. The pattern reveals a gradual decline with brief rallies that haven't been able to seriously challenge the trendline. Now sitting at a critical turning point, traders are watching to see if SEI finally breaks through or if the downtrend holds.
⬤ Long-term trendline breaks often signal shifts in market sentiment and fresh volatility. A confirmed move above $0.22 could mark a new phase for SEI, while another rejection would reinforce the current downward cycle. As SEI approaches this resistance, the next price action may set the direction heading into 2026.
Artem Voloskovets
