- $SEI price trades near $0.35, testing a long-term descending trendline for breakout confirmation.
- Ali Charts projects upside targets at $0.50, $0.67, and $0.90 after trendline breach.
- Weekly structure shows higher lows, signaling accumulation and growing bullish momentum.
$SEI is trading around $0.35 after recent gains, with technical patterns pointing to a possible rally toward $0.90. Analysts suggest the token is testing a critical downtrend line that has held since mid-2024.
Breakout Potential Above Long-Term Trendline
A chart shared by Ali via X indicates $SEI is approaching a decisive breakout point. Price action has remained compressed under a descending resistance line for months, while buyers are showing greater strength. A move above this trendline may confirm a shift toward bullish momentum.
The current structure shows $SEI holding above $0.30, maintaining higher weekly lows. This pattern suggests steady accumulation, which could form the base for a sustained advance. Traders are monitoring whether a confirmed breakout could turn the trendline into new support.
If $SEI successfully retests this level after the breakout, technical indicators point toward rapid price appreciation. A failure to remain above $0.30–$0.33, however, would weaken this outlook and delay further upside movement.
Fibonacci Levels Define Next Targets
Ali’s chart identifies key resistance points using Fibonacci retracement levels. The first target after a confirmed breakout is near $0.50, aligning with the 38.2% retracement. A subsequent move could lift $SEI toward $0.67 at the 50% mark before testing $0.90 at the 78.6% level.
These levels represent natural zones where price reactions often occur. If buying strength overcomes profit-taking at each checkpoint, $SEI could climb steadily in a stair-step pattern. Such a formation suggests rallies may pause briefly before resuming higher.
The dotted projections on the chart show a probable advance to $0.50, a minor pullback, then continuation toward $0.67 and finally $0.90. This structured approach indicates an organized uptrend rather than a single sharp move.
Market Context Supports Bullish Bias
Trading data as of writing shows Sei (SEI) at $0.3541 with a 24-hour volume exceeding $331 million. This reflects an 8.44% daily increase and a 22.47% gain over the past week, adding weight to the breakout scenario.
The large descending triangle base on the chart indicates reduced downside risk. The absence of new lows over an extended period often signals a stronger upside move once resistance gives way.
Ali’s projection of a 160% mid-term rally would depend on sustained momentum. Higher volume during the breakout phase would validate growing market interest and strengthen confidence in this bullish structure.
