Sei price is trading in a tight range right now, and that could be the calm before the storm. Popular analyst Ali thinks the dip to around $0.31 will be a buying opportunity before the next big move.
He shared a chart showing SEI forming a classic symmetrical triangle pattern, the kind that usually ends with a strong breakout.
If you look at SEI 4H chart, the setup is clear. The SEI price has been making higher lows and lower highs, squeezing tighter into the triangle.
That’s a sign of compression, where volatility dries up before it returns all at once. In crypto, these patterns rarely last long, and when they break, the move tends to be sharp.
Ali points out that the $0.31 area is key support. If buyers step in there again, it could mark the bottom of the range before momentum picks up.
The structure leans bullish because buyers continue to defend each dip, indicating that there’s still considerable demand building up in the background.
Why Traders Are Watching Closely
This isn’t just about lines on a chart. The psychology here is important. Bulls are quietly accumulating while bears keep selling into resistance.
That tug of war is why the Sei price keeps bouncing inside the triangle. The longer it continues, the bigger the eventual breakout is likely to be.
Volume has been relatively muted during this phase, but that’s normal in consolidation. What matters is whether it comes back strong when SEI price finally breaks through resistance. If that happens, it would confirm the start of a new leg higher.
What Comes Next For SEI Price?
Right now, all eyes are on the triangle’s upper boundary. A clean break above it with strong volume could set SEI price on a run toward new short-term highs.
On the flip side, losing the $0.31 level would weaken the setup and could lead to a deeper correction.
Ali’s outlook is that the bulls will win this battle. If he’s right, the breakout could be the move that defines SEI price trend for the weeks ahead. Until then, traders are treating $0.31 as the level that separates opportunity from risk.
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