SEI price action is drawing attention after a popular trading indicator flashed a fresh buy signal. The TD Sequential tool, which has been accurately tracking SEI’s recent moves, now suggests the token could be preparing for another upward push.
Ali, a well-followed analyst on X, noted that the TD Sequential indicator has been spot-on in predicting SEI’s short-term tops and bottoms over the last two weeks.
In his chart, the most recent signal appears as a green “9” candle, historically a sign of potential price reversals to the upside. This signal comes after SEI dropped toward the $0.30 level, suggesting the market may be ready to bounce.
Ali’s analysis shows how previous “9” signals have aligned with strong turning points in SEI’s price, both upward and downward. If the pattern continues, this fresh buy signal could mark the beginning of a recovery phase, with buyers stepping in around current levels.
SUI Breakout from Falling Channel Adds to Bullish Case
Barry, also known as ChartMonkey on X, shared another bullish perspective, citing analysis from CRYPTOMOJO_TA. According to this chart, SEI has broken out of a multi-week falling channel pattern.
The breakout occurred with strong momentum, pushing the price above the channel’s trendline and into a key retest zone around $0.32 to $0.33.
CRYPTOMOJO_TA’s chart presents this breakout as a potential shift in market structure. If SEI holds above this zone, the analyst suggests the next target could be around $0.50. This projection is based on the height of the previous channel and the strength of the breakout move.
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The combination of Ali’s TD Sequential buy signal and the breakout pattern spotted by CRYPTOMOJO_TA paints a positive short-term outlook for the SEI token.
The $0.32 to $0.33 range is now a critical support area for the bulls to defend. A sustained hold above it could open the door to higher levels, while losing this zone might delay the bullish setup.
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