Sei Coin Price Holds $0.20 as Bulls Target $0.25 After Trendline Breakout
Brave New Coin
Sei coin broke a descending trendline and is consolidating near $0.20, signaling potential bullish reversal towards $0.25.Summary
Sei (SEI) has shown signs of a bullish reversal after breaking above a major descending trendline and is currently consolidating above the $0.1800 support zone. Analysts suggest that maintaining this level could lead to testing resistance targets at $0.2106, $0.2285, and potentially $0.2400–$0.2503. Market data shows SEI trading at $0.20, up 3.61% in 24 hours, with a market capitalization of $1.27 billion. Technical indicators reflect cautious optimism; the RSI is recovering from oversold territory but remains below 50, while the MACD line is nearing a crossover above the signal line, indicating the start of a potential momentum shift in favor of buyers.
(Source：Brave New Coin)