TL;DR
- SEI trades close to help as value drops 9% this week; quantity stays above $200 million.
- Analyst compares SEI to SUI’s pre-rally setup, forecasting a pointy transfer towards $4 quickly.
- Futures market heats up close to $0.30 whereas Sei community TVL climbs to $604 million.
SEI Declines After Pullback, Now Buying and selling Under $0.29
Sei (SEI) is buying and selling at round $0.29 after falling 3% over the previous day and 9% over the previous week. Day by day buying and selling quantity got here in near $209 million, displaying that merchants stay lively even because the token strikes decrease.
SEI has seen regular promoting strain in current periods, transferring away from the $0.30 stage. Technical instruments now place the token close to its short-term help. Analysts are watching this space for indicators of a potential reversal.
Analyst Sees Bullish Setup Just like SUI
Crypto analyst Ali Martinez shared a comparability between SEI and SUI, stating the same construction. In accordance with the chart, SEI could also be following the identical path SUI did earlier than its rally above $5.
“This could possibly be the final dip earlier than a monster bull rally to $4,” Ali posted on X.
Purchase the dip! https://t.co/luEyY5nAHx
— Ali (@ali_charts) August 6, 2025
Apparently, the present value of SEI sits beneath the 0.382 Fibonacci stage, whereas the chart reveals SUI had bounced from the 0.236 stage in the same setup.
If SEI follows this construction, future ranges of curiosity embrace $0.95, $1.38, $2.12, and $3.05. Value motion above these zones would require sturdy momentum and quantity help.
Sei can be seeing greater community exercise. Information shared by Crypto Rand reveals that SEI not too long ago handed SUI in every day transactions. This shift in person exercise factors to regular progress throughout the Sei blockchain and will mirror stronger demand for its options at this stage.
Indicators Present Combined Indicators Amid Consolidation
On the 4-hour chart, Bollinger Bands present SEI transferring inside a slim vary. The present value is close to the center band, which sits at $0.29. The bands are usually not widening or tightening, suggesting an absence of sturdy momentum in both path.
As well as, the Relative Power Index (RSI) is now at 46. That is barely beneath the midpoint of fifty and indicators weak momentum. It isn’t in oversold territory, but in addition not displaying a lot shopping for energy.
Futures Market Exercise and Community Progress
CryptoQuant’s bubble map reveals rising quantity in SEI futures. Current information marks a number of overheating zones close to the $0.30 stage. Whereas elevated exercise can result in rallies, overheating may set off short-term corrections if quantity comes from leveraged trades.
In the meantime, Sei recorded over $604 million in whole worth locked, up 7% previously 24 hours, based on Defi Llama. The community has additionally integrated native USDC and Circle’s Cross-Chain Switch Protocol V2 (CCTP), aiming to enhance liquidity and switch effectivity.
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