TLDR
- SEI price confirms breakout above $0.35–$0.40, ending a long-term descending trendline since early 2024.
- Fibonacci targets show next resistance at $0.50–$0.52, followed by $0.64–$0.67 and a long-term $0.90 goal.
- Strong base near $0.25–$0.29 and rising weekly closes support sustained bullish momentum toward higher price levels.
- Failure to hold $0.35–$0.40 could trigger a pullback toward key $0.25 support, risking a false breakout.
SEI price is showing renewed strength after breaking above a multi-month descending trendline that restricted gains since early 2024. This move signals a potential reversal supported by rising volume and sustained weekly closes above the key $0.35–$0.40 region. With clear demand at lower levels and bullish technical signals, the market is positioning for a possible climb toward $0.90.
Breakout Above Long-Term Downtrend
The weekly SEI/USDT chart confirms a clean breakout from the descending trendline, ending a prolonged bearish phase. The breakout occurred just above $0.35–$0.40, an area that acted as supply in recent months. Sellers in this region appear absorbed, allowing upward momentum to build.
SEI/USD 1W Chart | Source: X
Price action also reveals a period of multi-month consolidation around the $0.25–$0.29 support zone. This base coincides with the 0.618 Fibonacci retracement level, reinforcing it as a critical demand area. Multiple successful defenses of this zone signal strong buying interest and provide a firm foundation for continued gains.
Rising weekly closes and growing trading volumes support the bullish case. Traders view this combination as an indication of sustained accumulation, giving the breakout additional credibility and suggesting that a deeper upward move is underway.
Fibonacci Levels Indicate Next Key Targets
Furthermore, fibonacci extension tools provide clear near-term resistance levels for SEI price. The next significant hurdle lies between $0.50 and $0.52, matching the 0.618 retracement zone of the broader move. This area previously served as a supply region and may again test buyer strength.
SEI/USD 1W Chart | Source: X
Beyond that, $0.64–$0.67 aligns with the 0.886 retracement and represents another heavy supply area where selling pressure historically emerged. A decisive break and hold above $0.52 would increase the probability of reaching these upper levels. Measured projections also suggest that a longer-term target of $0.90 is feasible if momentum continues.
Retest Scenarios Could Confirm Strength
In addition, a retest of the breakout zone around $0.35–$0.40 remains a possibility. Such a move would not necessarily weaken the bullish view. On the contrary, a successful defense of this zone could provide fresh confirmation of underlying strength.
This retest scenario is common after strong breakouts, allowing late buyers to enter and strengthening the new support base. Maintaining higher lows since June 2025 indicates that SEI price is already establishing a rising trendline, which could guide future advances even if short-term pullbacks occur.
Risk Factors Remain Present
At the same time, despite the favorable structure, risks remain. A failure to sustain above $0.35–$0.40 could lead to a false breakout, reopening the path toward $0.25 support. This area has acted as a key floor during previous declines, making it a critical defensive level.
Volatility in the broader crypto market also poses a challenge. Sudden shifts in liquidity or sentiment could slow progress or trigger pullbacks, especially if momentum traders exit positions quickly. Maintaining steady volume and consistent closes above support zones is essential to avoid a return to the prior downtrend.
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