SEI has recorded a technical breakout, moving out of a descending channel and indicating a potential reversal after months of decline.
Technical Breakout Signals Trend Reversal
SEI has moved past the upper boundary of the descending channel at approximately $0.1799, initiating a new bullish momentum. The price could potentially reach a target at $0.3724, representing a 107.79% upside.
WLFI’s Risky Move Draws Attention to SEI
World Liberty Financial (WLFI) has invested $775,000 for 4.89 million SEI tokens at an average price of $0.158 per coin. This decision has sparked interest in SEI and highlights the high risk and potential of this strategy. WLFI currently holds 5.98 million tokens.
SEI's Future: Situation Analysis
Technical analysis indicates that the channel structure has shown reliability with multiple price reactions to both trendlines. Currently, there is no significant resistance between the breakout level and the target range. Given the increased buying interest, further gains for SEI are plausible.
SEI shows promising growth potential due to the breakout and WLFI's strategy. The combination of technical strength and institutional interest creates a rare opportunity for traders in the midterm.
