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The post Can It Rally from $0.31 to $0.65? appeared on BitcoinEthereumNews.com. Key Insights: SEI trades in a falling channel, with buyers defending key support around the $0.20 level. A breakout above $0.31 could open targets at $0.36, $0.47, and possibly $0.65. Failure to reclaim $0.26–$0.28 box may keep SEI locked in a corrective downtrend. SEI Breakout Alert: Can It Rally from $0.31 to $0.65? SEI was now priced at $0.2152, down nearly 5% in the last 24 hours and over 24% this week. The token has pulled back toward a familiar support zone near $0.20, a level that has seen past buying interest. So far, buyers are holding the line, but the pressure remains. The monthly trend is still weak. Since early 2024, SEI has formed a pattern of lower highs and lower lows. On the technical side, the RSI stands at 49.39, suggesting a neutral reading. The MACD remains below zero at -0.0725, with no signs yet of a momentum shift. Source: TradingView Breakout Point to Watch: $0.31 On the daily chart, SEI continues to trade inside a symmetrical triangle that has been forming since early this year. The price is now near the lower edge of this pattern, showing tight consolidation. The focus is now on the $0.31 level, which lines up with a key Fibonacci level and may act as a breakout trigger. Analyst Ali posted,  “$SEI looks ready to bounce here! A break above $0.31 could trigger a rally to $0.65.” Source: Ali Martinez/X  The price has not reached this level yet, but it remains the key resistance zone that could shift the trend. Short-term resistance is now just under $0.26, while support continues to hold near $0.22. Bigger Picture Shows Price Inside a Downward Channel From a higher time frame, SEI remains within a falling channel that stretches back several months. The price recently bounced from… The post Can It Rally from $0.31 to $0.65? appeared on BitcoinEthereumNews.com. Key Insights: SEI trades in a falling channel, with buyers defending key support around the $0.20 level. A breakout above $0.31 could open targets at $0.36, $0.47, and possibly $0.65. Failure to reclaim $0.26–$0.28 box may keep SEI locked in a corrective downtrend. SEI Breakout Alert: Can It Rally from $0.31 to $0.65? SEI was now priced at $0.2152, down nearly 5% in the last 24 hours and over 24% this week. The token has pulled back toward a familiar support zone near $0.20, a level that has seen past buying interest. So far, buyers are holding the line, but the pressure remains. The monthly trend is still weak. Since early 2024, SEI has formed a pattern of lower highs and lower lows. On the technical side, the RSI stands at 49.39, suggesting a neutral reading. The MACD remains below zero at -0.0725, with no signs yet of a momentum shift. Source: TradingView Breakout Point to Watch: $0.31 On the daily chart, SEI continues to trade inside a symmetrical triangle that has been forming since early this year. The price is now near the lower edge of this pattern, showing tight consolidation. The focus is now on the $0.31 level, which lines up with a key Fibonacci level and may act as a breakout trigger. Analyst Ali posted,  “$SEI looks ready to bounce here! A break above $0.31 could trigger a rally to $0.65.” Source: Ali Martinez/X  The price has not reached this level yet, but it remains the key resistance zone that could shift the trend. Short-term resistance is now just under $0.26, while support continues to hold near $0.22. Bigger Picture Shows Price Inside a Downward Channel From a higher time frame, SEI remains within a falling channel that stretches back several months. The price recently bounced from…

Can It Rally from $0.31 to $0.65?

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/16 04:48
3 min read
SEI
SEI$0.0647+3.23%
OpenLedger
OPEN$0.15276+5.26%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Key Insights:

  • SEI trades in a falling channel, with buyers defending key support around the $0.20 level.
  • A breakout above $0.31 could open targets at $0.36, $0.47, and possibly $0.65.
  • Failure to reclaim $0.26–$0.28 box may keep SEI locked in a corrective downtrend.
SEI Breakout Alert: Can It Rally from $0.31 to $0.65?

SEI was now priced at $0.2152, down nearly 5% in the last 24 hours and over 24% this week. The token has pulled back toward a familiar support zone near $0.20, a level that has seen past buying interest. So far, buyers are holding the line, but the pressure remains.

The monthly trend is still weak. Since early 2024, SEI has formed a pattern of lower highs and lower lows. On the technical side, the RSI stands at 49.39, suggesting a neutral reading. The MACD remains below zero at -0.0725, with no signs yet of a momentum shift.

Source: TradingView

Breakout Point to Watch: $0.31

On the daily chart, SEI continues to trade inside a symmetrical triangle that has been forming since early this year. The price is now near the lower edge of this pattern, showing tight consolidation. The focus is now on the $0.31 level, which lines up with a key Fibonacci level and may act as a breakout trigger.

Analyst Ali posted, 

Source: Ali Martinez/X

 The price has not reached this level yet, but it remains the key resistance zone that could shift the trend. Short-term resistance is now just under $0.26, while support continues to hold near $0.22.

Bigger Picture Shows Price Inside a Downward Channel

From a higher time frame, SEI remains within a falling channel that stretches back several months. The price recently bounced from the lower boundary of this range.

 According to The Wyckoff Architect

The box in question sits between $0.26 and $0.28. Price briefly moved into this range but failed to hold. Until SEI reclaims and holds above it, the trend remains under pressure. A rejection could send the price back toward the $0.11–$0.13 area, matching a wave 5 completion pattern.

Market Awaits Confirmation

Right now, SEI trades in a neutral zone. Traders are watching for a confirmed move above $0.26–$0.31. Without that, the current bounce may not hold. As The Wyckoff Architect noted, “Formation doesn’t occur in one wick.” The market is waiting to see if strength follows—or if this remains just another pause in a longer downtrend.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/sei-breakout-alert/

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