SEI Shows Bullish Recovery After Falling Wedge Breakout Toward $0.30

Market Analysis and Price Targets

Michaël van de Poppe described SEI as a key accumulation asset after returning to a higher-timeframe support area. He noted that the altcoin cleared liquidity near its resistance level, suggesting a potential for a strong rebound. His analysis indicated possible gains of 100–200% against Bitcoin, with resistance zones marked near 0.00000227 BTC and 0.00000397 BTC. The price pattern suggests that SEI has confirmed a breakout from a falling wedge formation, marking the end of its extended downward trend.

The coin stabilized near $0.18 before breaking above the descending resistance line, marking a structural shift. Analysts now observe increasing buying pressure as SEI approaches the next resistance region around $0.22.

Technical Indicators Support Recovery Momentum

Ali Charts reported that SEI formed a downward channel with consecutive lower highs and lows before stabilizing near $0.18, which aligns with the 0.618 Fibonacci retracement zone. The market then moved upward, maintaining higher lows and trading between $0.195 and $0.203.

Fibonacci projections indicate short-term resistance between $0.207 and $0.215. Crypto Patel said, “Looking for a move toward $0.30 if this holds. The short-term structure is bullish.”

Volume data confirms active market participation during the breakout, suggesting buyers remain strong above the trendline.

Sei Network’s On-Chain Metrics and Institutional Activity

According to DeFiLlama, Sei Network’s total value locked stands at $479.99 million, up 2.25% daily. Stablecoin capitalization is $184.48 million, while daily decentralized exchange volume is $21.33 million.

Nomura’s Laser Digital has launched its tokenized LCF Fund on the Sei Network through @KAIO_xyz, joining other major financial institutions in their initiatives to tokenize assets.

Analysts note that SEI’s ecosystem expansion and improving fundamentals position it favorably for continued growth above the $0.22 level.