SEI (SEI) Gains Momentum: Technicals Signal a Potential Recovery to $0.138

• SEI’s inclusion in Coinbase’s COIN50 Index enhances its visibility and credibility among investors.
• Technical indicators suggest a bullish divergence, hinting at easing selling pressure.
• Analysts are eyeing a potential price target near $0.138, suggesting upside potential.

Sei (SEI) is on the way to its positive trajectory with a surge in its value, in line with the changing market conditions. The token is currently trading at $0.1303, with a surge of 4.76% over the last 24 hours.

However, the crypto analyst, Okan, noted that SEI has been officially added to Coinbase’s COIN50 Index, which tracks the 50 most liquid and widely traded assets on the platform. This inclusion brings the project greater visibility, credibility, and exposure to a wider audience of traders and investors. Being part of this benchmark highlights SEI as a top-tier digital asset in today’s market.

The move is expected to drive higher liquidity and institutional interest, as index-tracking funds and professional investors gain easier access. Historically, assets added to prominent indices see increased trading activity and media attention, boosting adoption. For SEI, this is a significant step toward solidifying its presence in the broader crypto ecosystem.

Also Read: SEI Gains Momentum: Could $0.25 Target Spark Major Market Surge?

SEI Technicals Suggest Decreasing Bearish Strength

The chart shows that there was a gradual increase in the price from July to early September, with a high reached close to $0.357. However, this was followed by consolidation between the Fibonacci levels of $0.262–$0.334 until a sharp move was seen in mid-September, breaking various levels, thus showing a transition from being bullish to being bearish.

Source: TradingView

From October to early December, the downtrend continued, with SEI approaching the 2.618 Fibonacci extension level of 0.108, which gives a hint of strong oversold conditions. The MACD indicator reflects strong bearish sentiment, with the MACD line remaining below its signal line, although the MACD histogram indicates diminishing strength.

SEI Bullish Divergence Signals $0.138 Recovery

Moreover, the crypto analyst, Ali, revealed that bullish divergence is taking place in the SEI’s chart on the Relative Strength Index (RSI). This indicates that the recent selling may be slowing down. After a few weeks of sideways action, this indicator is a strong sign that the market may be poised for a turnaround. Market participants are starting to take note of this, as this is often a precursor for a strong reversal.

Source: Ali

Market observers are closely watching a retracement that may see the rate move back close to the opening value in December of approximately $0.138, a level that was previously pivotal as both support and resistance. If this value meets with buying interest, then a fresh positive push may see SEI move ahead.

Also Read: SEI Targets $0.156 Following EMA Break as Institutional Adoption Strengthens