TL;DR
- SEI trades close to help as worth 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 Beneath $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 energetic even because the token strikes decrease.
SEI has seen regular promoting stress in latest classes, shifting 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 doable reversal.
Analyst Sees Bullish Setup Just like SUI
Crypto analyst Ali Martinez shared a comparability between SEI and SUI, mentioning an analogous construction. In keeping with the chart, SEI could also be following the identical path SUI did earlier than its rally above $5.
“This may very well 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
Curiously, the present worth of SEI sits beneath the 0.382 Fibonacci stage, whereas the chart reveals SUI had bounced from the 0.236 stage in an analogous setup.
If SEI follows this construction, future ranges of curiosity embody $0.95, $1.38, $2.12, and $3.05. Worth motion above these zones would require robust momentum and quantity help.
Sei can also be seeing larger community exercise. Information shared by Crypto Rand reveals that SEI just lately handed SUI in each day transactions. This shift in consumer exercise factors to regular development throughout the Sei blockchain and should mirror stronger demand for its options at this stage.
Indicators Present Combined Alerts Amid Consolidation
On the 4-hour chart, Bollinger Bands present SEI shifting inside a slim vary. The present worth is close to the center band, which sits at $0.29. The bands should not widening or tightening, suggesting a scarcity of robust momentum in both path.
As well as, the Relative Energy Index (RSI) is now at 46. That is barely beneath the midpoint of fifty and indicators weak momentum. It’s not 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. Latest information marks a number of overheating zones close to the $0.30 stage. Whereas elevated exercise can result in rallies, overheating may also 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, in accordance with Defi Llama. The community has additionally built-in native USDC and Circle’s Cross-Chain Switch Protocol V2 (CCTP), aiming to enhance liquidity and switch effectivity.
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