Sei Price Eyes Upside Move as Triangle Pattern Nears Breakout
Jul 08, 2025 am 10:50 AMSei price is coiling up inside a triangle pattern, hinting at a potential upside move. Will it break resistance and rally?
Sei Price Eyes Upside Move as Triangle Pattern Nears Breakout
Sei (SEI) is showing signs of a potential breakout, with analysts pointing to both short-term and long-term bullish scenarios. Keep an eye on key resistance levels; a successful breach could trigger a significant upside move.
Compression Structure Builds Toward Breakout Target
Technical analysis suggests SEI is consolidating above long-standing support, approaching a pivotal resistance near $0.28. Analyst @CryptoGem10xx sees a potential 288% rally to $1.00 if this level is reclaimed, supported by rising volume and bullish momentum.
Descending Triangle Hints at Short-Term Gains
On the 4-hour chart, @crypt_avi notes that SEI is confined within a descending triangle pattern. A break above the $0.28 resistance could lead to a short-term target of $0.3475, a potential 30% gain. Rejection wicks at lower levels suggest strong buying interest.
Market Activity and Accumulation
Recent price action shows SEI holding firm above $0.26, with volume spikes indicating potential accumulation. Kriptoteless suggests rotating capital from Bitcoin into SEI within the $0.24-$0.27 range, targeting a move towards $0.44.
Mixed Momentum Indicators
While SEI's daily chart reflects a short-term consolidation phase, momentum indicators show diverging signals. The MACD has flipped bearish, but remains above the zero mark. The Chaikin Money Flow indicates low capital inflow, suggesting a breakout requires renewed momentum.
Final Thoughts
Will SEI break free from this triangle pattern and shoot for the moon? Only time will tell. But with analysts eyeing key resistance levels and potential upside targets, it's definitely a crypto to watch. Keep those eyes peeled and those trading fingers ready!
News data source: kdj.com
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