SEI is showing signs of a potential bullish reversal after a sharp market correction, with analysts pointing to a critical accumulation zone.
Expert Crypto Patel believes this setup could be the best entry point of the bull run if key support holds. SEI recently experienced a retracement following a strong rally, but traders are now eyeing its Daily Demand Zone as a crucial level for a rebound.
What you'll learn 👉
SEI’s Price Action and Market Structure
According to Crypto Patel, SEI has entered a Daily Demand Zone between $0.20 and $0.25, an area historically associated with strong liquidity and buying pressure.
This $SEI setup could be the best entry of the bull run! Don’t miss out!
— Crypto Patel (@CryptoPatel) February 4, 2025
The market dumped hard, but opportunity knocks.#SEI pumped 118% from our entry before dumping! Now, I’m accumulating in the Daily Demand Zone.
▫️ Potential: 5x-10x
▫️ SL: Below $0.20 (Daily Demand Zone)… pic.twitter.com/tCB2hONRPK
Before the most recent sell-off, the token surged by 118%, and now it is in what he calls an accumulation phase. He points out that the bullish thesis would be refuted by a collapse below $0.20, which makes it a sensible stop-loss signal for traders.
A possible change in market structure was indicated by SEI’s recent breakout from a falling wedge formation. Patel notes that if $0.20 holds, it could mark the last major accumulation phase before a strong uptrend resumes, targeting a 5x to 10x upside.
Key resistance levels include $0.32-$0.35, followed by $0.69 and $1.00, with ultimate long-term targets extending to $3.00. At press time, SEI trades at $0.2317 per CoinGecko.
Key SEI Price Levels to Watch
The $0.20-$0.25 zone represents immediate support, with strong historical demand in this range. Patel warns that failure to hold this level could lead to further liquidity grabs and extended downside pressure. However, increased buying volume in this zone suggests that large players are accumulating.
The first major resistance to watch is $0.32-$0.35, which Patel identifies as the breakout confirmation zone. If SEI successfully reclaims $0.69, it could confirm a macro bullish trend shift. Psychological resistance at $1.00 remains a key milestone, while long-term projections place SEI in the $2.01-$3.02 range if momentum builds.
Read also: AI Predicts Stellar (XLM) Price When XRP Hits $10
Future Catalysts and Market Sentiment
Beyond technical analysis, broader ecosystem developments could play a role in SEI’s trajectory. Dr. Rafa, another market analyst, highlights the importance of new user growth versus returning users on SEI.
New users vs Returning users on $SEI.
— Dr Rafa (Ø,G) (@brave_raf) February 4, 2025
I'm expecting a surge once we start having DeSci projects. I think we will have a couple of them in the coming weeks.
DeSci will also be followed by AI and DePIN.
At the end, the biggest gainer will be our DeFi protocols. If you know what… pic.twitter.com/8hLV7Q7NU1
He anticipates a surge in activity once Decentralized Science (DeSci) projects enter the network in the coming weeks. This, he suggests, will be followed by the growth of AI and DePIN projects, ultimately benefiting SEI’s DeFi protocols the most.
SEI’s future trajectory will depend on its ability to hold the critical $0.20 support level. With strong buying interest, key resistance levels in sight, and emerging narratives supporting long-term adoption, monitoring whether SEI can sustain its bullish momentum will be crucial.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
