SEI Primed for $0.95 Breakout as Falling Wedge Pattern Defends Critical $0.11 Support
Technical traders are circling—a classic falling wedge formation on SEI's chart suggests a major squeeze is brewing.
The Setup: Compression Before Expansion
The pattern is textbook: converging trendlines, declining volume, and price coiling around that $0.11 foothold. It's the market taking a deep breath. History shows these wedges often resolve with explosive moves upward. The measured move target? A rally toward $0.95.
Why $0.11 is the Line in the Sand
That support level isn't just a number—it's the pattern's integrity. Holding here keeps the bullish structure alive. A break below it, and the whole thesis unravels faster than a hedge fund's apology after a bad trade.
The Trade: Patience for Payoff
This isn't a sprint; it's a waiting game. The play is simple: watch for a decisive breakout above the wedge's upper trendline on increasing volume. That's the confirmation signal. Until then, it's just a pretty picture on a screen.
Markets love symmetry, and this pattern offers a clear risk-reward. The potential run to $0.95 offers a significant upside, all while that $0.11 level defines the risk. Just remember—in crypto, even the most beautiful patterns can get rug-pulled by a tweet.
Sei Network Sees Explosive SEI Volume Growth in 2026
However, the crypto analyst, Marc Shawn Brown, revealed that The Sei Network (SEI) started the year 2026 positively by recording trading volumes in excess of $60 million on the first day of January. This is a significant milestone since the trading volume surpassed that of many other tokens in the market. It can be attributed to the developments in the ecosystem initiated by the influx of institutional investments, which has raised confidence in the future of SEI.
Source: Marc Shawn Brown on X
Industry analysts have observed this growth and see it as encouraging for the future of SEI. As the layer-1 blockchain solution known for performance and connection to DeFi platforms, this project could see lasting use and adoption, and the fact that SEI had so much traction on the first day could make this the turning point of the year for the entire market.
SEI Price Setup Signals a Potential Rally to $0.95
Moreover, the crypto analyst, Ali, highlighted that on SEI’s weekly chart, there is a descending trend forming a well-defined falling wedge with lower highs and lower lows that extend towards forming a point or apex. Currently, price actions are temporarily consolidating around the very important $0.11 support area at the base of the falling wedge.
On this level, a bearish response might initiate a retreat to the falling resistance line of approximately $0.22 as the initial major target. A breakout at this level could also initiate further gains towards $0.50, although a more robust advance to $0.95 is also feasible, as long as support at $0.11 is maintained.
