The post Sei crypto price eyes breakout rally as bulls target $0.37 appeared on BitcoinEthereumNews.com.

Sei whale activity is becoming a talking point as the token shows signs of renewed momentum. Large wallets are gradually positioning, hinting at growing confidence in the breakout setup. The recent move above resistance has caught the eye of traders looking for confirmation. After weeks of sideways action, the asset finally pierced through a key descending wedge. Now, the big question is whether this momentum can fuel a rally toward $0.37. Resistance levels and breakout path Sei crypto is drawing fresh attention after breaking out of a descending wedge pattern, a setup often seen before sharp reversals. Analyst Ali highlighted the move on X, noting that price retested the breakout zone around $0.28–$0.29, turning former resistance into support. This technical retest strengthens the bullish narrative and signals growing buyer conviction. Source: X The wedge breakout has opened the path toward Fibonacci retracement levels. Price has already tested the 61.8% level near $0.30, a zone that often acts as stiff resistance. If momentum holds, traders are eyeing the 78.6% retracement near $0.32 and the prior highs around $0.37 as the next critical targets. Whale activity around the token has been muted but steady, with large wallets showing early signs of accumulation on dips. Their participation is being closely watched, as stronger inflows from major holders could accelerate a push toward the $0.37 zone before December. Market conditions and short-term structure Additionally, BraveNewCoin data shows the coin trading near $0.29, up about 3% in the last 24 hours. Market capitalization stands at $1.77 billion, supported by $115 million in daily volume. With an available supply of 6 billion tokens, Sei maintains healthy liquidity for both institutional and retail traders. Source: BraveNewCoin The bullish breakout comes after months of consolidation in the $0.25–$0.35 range. This move aligns with broader optimism across mid-cap altcoins,…

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Filed under: News - @ September 8, 2025 6:23 pm