Key Technical Indicators and Analyst Price Targets for Sei Network
Sei Network’s native token $SEI is presenting one of the most compelling technical setups within the Layer-1 cryptocurrency space currently. Prominent analyst Ali Martinez has identified a high-conviction price target for December, underscoring the token's potential for significant upside.
In an update on December 3, Martinez highlighted that $SEI has successfully retested its exact opening price for December. This specific retest is historically significant and has often preceded major bullish continuations across various assets. Furthermore, the weekly chart now exhibits a textbook bullish Relative Strength Index (RSI) divergence. This occurs when the price makes lower lows while the RSI forms higher lows, indicating a fading bearish momentum and serving as a classic precursor to substantial upward price movements.
Martinez stated, “Now that we nailed the move up to December’s open, I’m watching for $SEI to break $0.142. Clear that level, and a 20% move to $0.164 opens up.” The $0.142 price level is significant as it coincides with a multi-month descending trendline that has capped rallies since mid-2025. A weekly close above this level would invalidate the prevailing bearish structure and convert it into a strong support zone.
Current Market Performance and On-Chain Metrics Supporting Bullish Sentiment
As of the current reporting time, $SEI is trading at $0.1385, marking an 8.4% increase over the past 24 hours. Trading volume has surged past $148 million. The critical $0.130–$0.135 demand zone, which previously acted as resistance, has now been reclaimed and successfully defended. This reclamation reinforces the observed structural shift in the token's price action.
On-chain metrics further bolster the bullish narrative. Exchange balances for $SEI continue to decline, indicating reduced selling pressure. Staking participation remains robust, standing above 58%. Sei's parallelized Ethereum Virtual Machine (EVM) continues to be recognized as the fastest executing Layer-1 solution, demonstrating its capability to process up to 28,300 transactions per second (TPS) during stress tests.
Risk Factors and Trading Strategy for Sei Network
The primary risks associated with $SEI's potential upside include a broader altcoin market correction, potentially triggered by Bitcoin's consolidation phase, which could exert downward pressure on $SEI. Additionally, the $0.142 resistance level has historically rejected price advancements on three separate occasions since August.
Despite these risks, the confluence of the monthly open retest, the weekly bullish RSI divergence, and the observed decrease in available supply creates a particularly favorable risk/reward setup within the mid-cap Layer-1 segment. For traders, the strategy is defined: maintain a risk level below $0.130, with a target of $0.164 or higher upon a confirmed breakout above the $0.142 resistance. Sei possesses all the necessary components for a classic December breakout, with $0.142 serving as the critical trigger level.