HomeNewsSEI Ignites 30% Rally: Bulls are Now Targeting the Breakout Zone

SEI Ignites 30% Rally: Bulls are Now Targeting the Breakout Zone

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SEI is showing signs of renewed strength this week after crypto analyst Ali (@ali_charts) highlighted a bullish TD Sequential buy signal on the daily chart, a setup that has historically preceded strong upside moves. According to Ali, SEI has already rallied 30% since the signal flashed and could continue toward the $0.21–$0.23 range if buying activity remains consistent.

At the time of writing, SEI trades around $0.1732, up 4.35% on the week, with a $1.08B market cap and $128M in 24-hour trading volume. Despite broader market weakness, SEI is outperforming many altcoins and holding a key technical zone.

Technical Picture: TD Buy Signal, Fibonacci Levels, and Support Holding

Ali’s chart shows SEI bouncing from a critical support band near $0.16, aligning with the 78.6% Fibonacci retracement level. The recent uptick places SEI back above short-term resistance and suggests momentum may be shifting.

Key technical areas:

  • Support: $0.155–$0.165
  • Immediate resistance: $0.185
  • Fibonacci targets:
    • 0.618 Fib → $0.207
    • 0.5 Fib → $0.225
    • 0.382 Fib → $0.256

Ali’s upside target of $0.21–$0.23 aligns almost perfectly with the 0.618 and 0.5 Fibonacci levels, making them the next logical resistance zones to watch.

Market Performance: Strong Recovery After Early-November Sell-Off

SEI’s 7-day chart shows a sharp rebound from early-November lows near $0.155, followed by a volatile but upward-leaning trend. The major surge came on November 8, where SEI briefly spiked above $0.19, indicating strong willingness from buyers to accumulate at lower levels.

Why SEI Is Gaining Momentum Again

Several factors contribute to SEI’s rebound:

1. The TD Buy Signal Boosted Confidence

The TD Sequential is widely followed in crypto trading. When it flashes a buy signal on the daily timeframe, short-term traders often pile in.

2. SEI’s liquidity remains strong

With $128M in daily volume, SEI has enough market depth to support trend continuation if demand increases.

3. The broader market’s fear phase may be stabilizing

As Bitcoin fights to reclaim its trend, large-cap altcoins with strong narratives, like SEI, often lead early recoveries.

Can SEI Hit $0.21–$0.23?

Ali’s target is reasonable if SEI can maintain support above $0.17 and break through $0.185.

Bullish confirmation would come from:

  • reclaiming $0.185
  • breaking the dotted resistance around $0.20
  • maintaining rising volume on green days

If these conditions are met, a move into the $0.21–$0.23 band becomes highly probable.

Bearish invalidation happens if SEI loses $0.165 again.

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Peter Macharia
Peter Macharia
Peter Macharia is a crypto enthusiast and seasoned writer who specializes in blockchain technology, digital assets, and decentralized finance. He has a talent for simplifying complex concepts and turning them into engaging informative content. With a deep understanding of the industry, Peter delivers clear and precise analysis that resonates with both beginners and experienced crypto enthusiasts.
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