The post Sei Crypto Price Prediction: Bulls Eye $0.40 Breakout as Pennant Pattern Forms appeared on BitcoinEthereumNews.com.

Sei crypto is consolidating in a bullish pennant formation, signaling the possibility of a continuation move higher after recent gains. Analysts note that the token has consistently posted higher lows since its recovery from the $0.18 range earlier this year, with price action now compressing between converging trendlines. This structure typically precedes expansion, suggesting the token may soon attempt a decisive breakout toward key resistance levels. Pennant Formation Highlights Accumulation On the SEI/USDT chart, the pennant is forming just above a solid horizontal support near $0.28, adding strength to the bullish setup. The pattern reflects a tightening balance between buyers and sellers, where momentum often shifts in favor of bulls once resistance is breached. Analysts point to this coiling structure as evidence of sustained accumulation by market participants. Source: X Historically, the asset has broken multiple descending trendlines in recent months, each time leading to meaningful upward rallies. The current pennant is developing just below the $0.35–$0.40 zone, a resistance band that has capped previous attempts higher. A successful breakout above this area could unlock a move toward $0.50, with an extended target potentially stretching to $0.65. Market Data Confirms Steady Demand At press time, SEI trades at $0.34, up 5.11% over the past 24 hours, according to BraveNewCoin. This uptick reflects growing momentum as buyers accumulate in the $0.33–$0.34 range, where intraday support has formed. Despite broader crypto market volatility, the token has managed to stabilize, strengthening the bullish case built around its pennant pattern. Source: BraveNewCoin The project’s market capitalization of $2.02 billion places the asset among the top 80 cryptocurrencies, with an available supply of over 6 billion tokens in circulation. Its 24-hour trading volume of $227 million signals strong participation, providing the liquidity needed for further price expansion if bullish sentiment continues to hold. Short-term trading…

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Filed under: News - @ September 14, 2025 3:23 am