SEI is trading near the resistance level of $0.39, showcasing a bullish structure. The recent launch of the Monaco project on the platform strengthens SEI's ecosystem.
Market Structure and Key Levels
SEI is trading at $0.3206, with a slight 1.03% drop observed today, but the structure remains intact. The price stays around its local highs, showing relative strength compared to other cryptocurrencies.
The daily timeframe chart features a clear succession of higher lows, indicating further bullish momentum. A rejection at $0.335 led to a short-term correction, while the price stabilized above $0.315 to build immediate pivot zones.
The prominent resistance is at the level of $0.39, which also coincides with a potential neckline of an inverse head and shoulders pattern. A convincing breakout at this point will open the path to near-time targets ranging from $0.42 to $0.45.
Demand Zones and Liquidity Trends
The $0.26–$0.28 range continues to serve as a reliable support base for SEI. This area aligns with the daily 200EMA and 200MA, adding strength to the technical floor. Market participants have consistently defended this level during sell-offs.
Volume trends indicate reduced speculative activity, with 24-hour trading down over 30% to $219.6M. Despite this contraction, the volume-to-market cap ratio of 11.41% still signals reasonable participation relative to capitalization.
Such liquidity behavior often suggests consolidation phases where accumulation takes precedence over heavy selling. If demand persists at established support levels, SEI could position itself for renewed momentum once resistance levels are cleared.
Ecosystem Growth and Investor Outlook
Beyond technical metrics, SEI’s ecosystem expansion is attracting investor attention. Analyst Daan Crypto Trades noted that Monaco, a DeFi project directly incubated by Sei Labs, is set to launch on the network.
This development introduces an additional layer of utility and strengthens SEI’s positioning within the decentralized finance sector. The association with Real World Assets (RWAs) further supports long-term adoption narratives.
SEI has also demonstrated resilience by maintaining its structure while other altcoins weakened. This relative strength, coupled with growing ecosystem activity, suggests traders may continue watching closely for opportunities around the $0.39 breakout zone.
SEI continues to hold its bullish structure despite recent pullbacks, and its ecosystem expansion creates new opportunities within the DeFi sector.