SEI/USDT Poised for a Major Breakout – Will It Surge Toward $0.7

📊 Full Technical Analysis:

The SEI/USDT daily chart reveals a compelling setup with strong breakout potential. Here's a detailed breakdown:

🔍 Pattern & Key Structure:

Descending Trendline Breakout: SEI has successfully broken out of a long-term descending trendline that has suppressed price action since December 2024 — a strong early signal of a bullish reversal.

Bullish Retest in Progress: The price is currently retesting the breakout area, aligning with a historical demand zone and Fibonacci retracement levels of 0.5 ($0.2468) and 0.618 ($0.2259).

Previous Consolidation Zone: SEI previously moved sideways within a yellow box between $0.18 – $0.25. The breakout from this zone adds bullish confirmation.


🟢 Bullish Scenario:

If SEI holds above the key demand zone ($0.2259 – $0.2468), a strong rally could follow, targeting these Fibonacci resistance levels:

🔸 $0.3068

🔸 $0.3367

🔸 $0.4696

🔸 $0.5438

🔸 $0.6086

🔸 $0.6500

🔸 Final target: $0.7013 (major resistance)

This scenario is validated by a higher low formation and a continuation of the current uptrend, especially if backed by strong volume.


🔴 Bearish Scenario:

If the price breaks below the demand zone ($0.2259 – $0.2468), further downside may be expected, with potential support levels at:

🔻 0.786 Fibonacci at $0.1961

🔻 Historical support zones at $0.18 and $0.13


A bearish breakdown would invalidate the bullish structure and suggest sellers remain in control.


📐 Pattern Summary:

Pattern Type: Descending Trendline Breakout + Bullish Retest

Validation: Retest aligned with Fibonacci & prior consolidation

Bias: Bullish, as long as the price holds above $0.2259


📝 Conclusion:

SEI/USDT is showing early signs of a bullish reversal after a breakout from its long-term downtrend. A continuation toward higher Fibonacci levels is likely if the price holds the key demand zone. Traders should watch for bullish confirmation signals near support before entering.

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