SEI Technical Analysis: Is $0.36 the Next Stop on Its Bullish Run?
SEI isn't just knocking on the door of $0.36—it's trying to kick it down. The charts are flashing green, and the momentum suggests this isn't just another speculative pump. Let's break down the technicals.
The Setup: A Classic Bullish Pattern
Forget the noise. The price action is carving out a textbook pattern that traders love. Key support levels are holding firm, while resistance zones are being tested with increasing aggression. Each pullback looks less like a retreat and more like a coiled spring.
Volume Tells the Real Story
You can fake a price move, but you can't fake sustained volume. The buying pressure behind SEI's recent moves has conviction written all over it. It's the kind of volume that separates a fleeting spike from a genuine trend shift—something your average 'moon-shot' meme coin can only dream of.
The $0.36 Target: More Than a Guess
This isn't a number pulled from thin air. It aligns with a critical Fibonacci extension level and a previous consolidation zone. A break above this could open the floodgates to significantly higher territory, turning skeptics into late-stage FOMO buyers—the finance world's favorite bag-holders.
The Bottom Line
The technical alignment is too clean to ignore. While the broader market remains a circus of over-leveraged gambles and regulatory theater, SEI's chart is doing the talking. The path to $0.36 is clear. The only question is how fast it gets there.
Technical Indicators Signal Weak Momentum
On the weekly chart, the value of RSI (14) stands close to 33.22, with the average close to 37.73. As RSI lies above the oversold level of 30 but with reduced momentum and declining pressure, it signals that there’s weak momentum along with further downside pressure. When RSI lies between the range of 30-35, it usually indicates exhaustion on the downside but no end to the upside movement.
Source: TradingViewAlso, the MACD (12, 26, 9) is still bearish, with its MACD line close to -0.0448 and signal line close to -0.0350. The histogram is also bearish, with values around -0.0098, but is moving towards contraction. but is moving towayet rds contraction. However, it does not signal a bullish crossover.
ONDO Launch Strengthens SEI Ecosystem
SEI now hosts ONDO’s $USDY, which is a massive milestone in the scaling of real-world assets. The deployment of its treasury product on the fastest LAYER 1 is a display of foresight. This comes as the total AUM of ONDO approaches the $2 billion milestone; the move highlights growing trust and adoption in the market.
ONDO: USDY SCALES ON SEI
The deployment of $USDY on $SEI is the ultimate validation of RWA scaling.
With $ONDO ’s AUM nearing the $2 Billion milestone, bringing its flagship treasury product to the fastest L1 is a strategic masterpiece.
Developers on $SEI now have native… pic.twitter.com/QqZOx0ci93
The developers of SEI now have access to high-grade yield that is fully composable. The relationship between the “value in the world” and the “value in DeFi” enables the establishment of a productive and robust ecosystem. The speed, quality, and assets offered by ONDO and SEI have defined a productive standard for the decentralized finance community that produces “real-world” results.