Key Support Zone and Potential Rebound
SEI is trading near a key structural demand zone between $0.17 and $0.18, where technical indicators suggest a potential rebound could form. This region has historically attracted high-volume accumulation and marks a pivotal liquidity pocket for market participants.
Equal Lows Create a Crucial Support Confluence
Analysts note that SEI price action on the 3D chart is consolidating at equal lows, forming what appears to be a structurally critical base. According to market analyst CryptoYoddha, this level represents an area where large players have previously initiated fresh positions. The price has repeatedly rebounded from similar symmetrical correction completions within a descending wedge structure extending from 2024 highs.
The chart shows multiple harmonic-like corrective legs (A–B–C–D), each coinciding with rebounds marked by red circles. These formations reflect technical symmetry and disciplined pattern recognition common in accumulation phases. Price behavior around this confluence suggests that smart money might be preparing a liquidity sweep before a broader reversal.
Sharp wicks forming near these equal lows indicate strong buyer absorption of sell pressure. If this support holds firm, momentum could favor a bullish recovery, initially targeting the $0.28–$0.32 range, followed by possible continuation toward $0.55–$0.65.
Momentum Shifts Suggest Bullish Intent
Recent trading behavior shows that sellers’ attempts to break below the current support zone have been met with swift rejection. The repeated presence of lower wicks indicates that there is renewed buying interest and suggests the continued absorption of supply. Technical traders will look at this area for a possible pivot point where holding above $0.17 could set the stage for extended recovery.
The structure of the descending wedge continues to compress, signaling a possible volatility expansion phase. Historically, such technical conditions precede directional breakouts, particularly when accompanied by rising volume near the base. SEI’s cumulative trading volume surpassing $138 billion further confirms robust market participation.
If buying momentum strengthens in coming sessions, it could validate a reversal sequence and fuel a medium-term trend change. However, a clear breakdown below this zone would expose deeper liquidity near $0.14, where new demand might form.
Weekly Technical Structure Favors Potential Upside Formation
Bitcoinsensus recently noted that the SEI weekly chart is shaping a textbook Inverse Head and Shoulders pattern. It comprises a left shoulder, head, and developing right shoulder and represents early stages of structural reversal.
A breakout above the neckline would confirm the bullish continuation, with a projected technical target above $0.80. Traders closely watching this setup say that it is an early reversal signal supported by improving momentum across mid-term indicators.
The alignment of the descending wedge on lower timeframes and the inverse head-and-shoulders on the weekly chart makes the case for a stronger bullish bias. Combined, these structures position SEI at a make-or-break juncture, where defending current support could trigger a strong upward recovery.