Sei Price Prediction: SEI Holds Above Key Support as Bulls Eye Recovery Toward $0.39
The post Sei Price Prediction: SEI Holds Above Key Support as Bulls Eye Recovery Toward $0.39 appeared on BitcoinEthereumNews.com.
Sei’s recent rally cooled off after reaching a high of $0.39, but price action remains technically supportive. The token is consolidating near short-term support as traders assess the next directional move. Despite light pullbacks, volume patterns and moving averages continue to support a bullish continuation. Market participants now watch key zones that may trigger renewed momentum toward previous highs. Price Consolidates Above Moving Average Support The SEI/USDT daily chart shows price holding above its 30-day moving average (MA30) of $0.3106 after a controlled retracement. SEI is currently trading at $0.3296, following a 1.11% decline from its previous close. Price remains above the ascending 60-day moving average (MA60) and close to the 10-day MA, both of which reinforce medium-term support. This suggests the pullback is orderly and consistent with profit-taking following an extended rally that peaked near $0.39 earlier in July. Source: X Price action over the past few sessions shows smaller candle bodies and tighter ranges, reflecting market indecision rather than aggressive selling. This pattern often precedes a directional move, particularly when price holds above breakout zones. The structure is further supported by a series of higher lows since May, indicating sustained demand. If SEI reclaims $0.342 with volume confirmation, the chart setup favors a retest of the $0.39 resistance level. Volume Signals Accumulation Despite Short-Term Pullback The 24-hour performance chart confirms accumulation remains active, even as volume levels have declined from July highs. On July 26, trading volume registered at 33.33 million SEI, down from earlier peaks above 100 million. While the reduced activity signals temporary market fatigue, it also suggests the absence of forced selling. This often aligns with a consolidation phase rather than a trend reversal. Source: BraveNewCoin Across the broader session, SEI recorded a 5.32% increase before cooling to current levels. The price opened near $0.31…
Filed under: News - @ July 27, 2025 12:23 am