The SEI token is showing a strong upward trend, breaking resistance levels and aiming for potential new highs.
$0.37 as Key Level
The current price of SEI is around $0.3538 after a more than 30% increase from the support zone of $0.26-$0.27. Analysts view the $0.37 level as the next crucial test. If the token fails to push through this level, it may drop back to the $0.30-$0.32 range. However, clearing this barrier could open the path for larger moves toward the $0.49–$0.52 area.
Bullish Pennant Formation
According to analyses, SEI has also broken out of a bullish pennant pattern formed above the $0.29-$0.30 support area. Breakouts from such formations often signal continuation of the trend. This move has already added approximately 13-14% to the price. Analysts suggest that a further rise to the $0.50 level remains achievable if buyers maintain momentum.
Outlook and Support Zones
While current momentum favors the bulls, traders are closely monitoring downside levels. The $0.29-$0.30 zone serves as short-term support, while the breakout area at $0.26-$0.27 remains a stronger base. If SEI can secure a firm move above $0.37, the path toward $0.49-$0.52 becomes clearer.
With current support levels and recent breakouts, upcoming sessions may determine whether SEI's rally continues toward the next resistance zone.
