$SEI is accumulating pressure for a breakout

SEI
SEIUSDT
0.1106
-5.14%

Losing 0.1216 USD will open the risk of a “weak low”, while reclaiming the EMA range could pivot the momentum; the supply zone of 0.18–0.20 USD will come back into focus if the breakout is successful.

A clear breakout from the current range will bring 0.18–0.20 USD into sight. A decisive move above 0.20 USD could open the door for a larger expansion, with enough favorable momentum potentially targeting the 1.5 USD area.

SEI is forming a structure similar to the price base of Binance Coin before the expansion phase of 2024, reinforcing the “base–break–mark-up” scenario if confirmed by volume and closing above the EMA range.