Stock forecaster SEI predicts potential increase to $0.49 for its shares, following a rebound from the significant support level at $0.29, according to the Fibonacci sequence.
In the world of cryptocurrency, SEI has been making waves lately, breaking out of a long-standing bearish descending channel and surging over 100% in the past 30 days. This significant move has seen the digital asset surpass key moving averages like the 20 EMA and 50 EMA, indicating a strong upward momentum that could challenge resistance near $0.50 and potentially $0.70.
However, the current short-term technical outlook for SEI is cautiously optimistic but mixed with some consolidation signals. As SEI tests critical resistance near $0.49-$0.50, it is supported by moving averages like the 10-day Simple Moving Average (SMA). If it breaks decisively above this level, further gains toward $0.70 become plausible.
The short-term momentum, however, is neutral to slightly bearish on smaller timeframes. SEI is trading near the 10-day SMA support but facing resistance near $0.49-$0.50. Fibonacci retracement levels around $0.34-$0.35 have capped rallies recently, indicating profit-taking pressure.
The chart uses Fibonacci retracement zones to map SEI's reactive levels from previous highs and lows. A clean rejection from the grey resistance zone around $0.49 may indicate another short-term dip toward mid-channel levels. The 0.618 Fibonacci level has recently flipped into support, potentially providing a cushion for price action.
The 10-day simple moving average (SMA) is near $0.31, acting as potential support for SEI's price action. If SEI continues closing above the 10-day simple moving average, the case for a move toward $0.49 strengthens. The 10-day simple moving average (SMA) could help hold short-term support zones intact if the price remains above it.
If the current structure holds, SEI may retest the shaded resistance zone near $0.49. The 0.382 Fibonacci level at $0.49 is a significant area of interest for traders, acting as both a resistance and reversal point in prior trends. The grey resistance zone, situated around the $0.49 mark, creates a visible price ceiling and is a relevant breakout target for Q3 and Q4 2025.
The breakout of the upper channel boundary and the $0.49 level will only be validated if SEI's price closes above these levels. The $0.49 resistance zone aligns with the 0.382 Fibonacci retracement and is a key point of confluence for short-term traders. The 10-day SMA may act as a springboard should the price pull back slightly before climbing again.
SEI is currently trading at $0.3313 within a descending channel on the 3-day chart. The structure of SEI's trend behavior has been outlined by analyst Ali on July 27, 2025, through consistent lower highs and lows. The technical bias remains neutral to bullish as long as the price remains above the 10-day simple moving average.
SEI has formed multiple rejections along the descending resistance and has respected both channel boundaries. A move toward the $0.49 resistance would require SEI to remain above $0.29, which aligns with the 0.618 Fibonacci level that recently flipped into support. SEI has recovered from the channel's lower bound near $0.27 and has reached a high of $0.3346.
The descending channel has been the dominant trend for SEI since early 2024, with repeated reactions at both upper and lower boundaries. This trend has created a challenging environment for bulls watching short-term trends, but the recent breakout offers a cautious but constructive trajectory for those bullish on SEI.
- The recent surge in SEI's cryptocurrency price, driven by technology, has led some investors to consider investing in SEI, with its price climbing over 100% in the past 30 days and surpassing key moving averages.
- As SEI approaches critical resistance near $0.49-$0.50, the short-term outlook for this digital asset is cautiously optimistic, and if it manages to break decisively above this level, it could have further gains in finance, touching levels as high as $0.70.
