SEI price is showing upward trends after a long downtrend, reaching an important level at $0.35. Analysts are noting significant changes in dynamics.
SEI Price Structure and Reversal Attempt
After launching in late 2023, SEI price spiked above $1 but then entered a slow decline. From February 2024 onward, the price kept falling, creating a classic downtrend with lower highs and lower lows. This trend began to shift in May and June 2025, when SEI price found support around $0.24-$0.26. The bullish divergence appeared while new lows were being made, and the move above the descending trendline confirmed the shift.
Key Levels to Watch
Currently, $0.35 is a key level for observers. If SEI can close above this mark, the next target looks to be around $0.40. Potential resistance is also present at the $0.48-$0.52 levels, which is where SEI previously rested. Support still exists at the $0.24-$0.26 levels, where the price found base before.
SEI Momentum and Volume Are Building
The RSI on the 3-day chart is slightly below 70, which is positive for bulls. Volume has picked up as well, showing growing interest, although not at the same levels as SEI's early days.
With bullish momentum, strong support, and a key resistance level, the coming days could be decisive for SEI price.