TL;DR
- SEI trades close to assist 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. Every 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 strain in current classes, shifting away from the $0.30 stage. Technical instruments now place the token close to its short-term assist. 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, mentioning the same construction. In line 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
Apparently, the present value of SEI sits under the 0.382 Fibonacci stage, whereas the chart exhibits 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 robust momentum and quantity assist.
Sei can also be seeing increased community exercise. Knowledge shared by Crypto Rand exhibits that SEI not too long ago 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 Blended Indicators Amid Consolidation
On the 4-hour chart, Bollinger Bands present SEI shifting inside a slim vary. The present value 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 course.
As well as, the Relative Energy Index (RSI) is now at 46. That is barely under 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 exhibits rising quantity in SEI futures. Latest knowledge 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% up to now 24 hours, in response to 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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