Sei: negative momentum and break of key supports drive 7.22% drop

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Sei slides 7.22% today to $0.1169

Highlights

Sei is experiencing increased on-chain activity and ecosystem growth, with derivatives and DEX trading volumes rising ahead of a $7 million token unlock.
Sei has partnered with Xiaomi to launch a Sei-powered wallet and stablecoin finance app pre-installed on select Xiaomi smartphones outside China and the United States from 2026.
These initiatives reflect accelerating adoption efforts and growing user engagement within the Sei blockchain network.

Ecosystem growth and token unlock fuel adoption efforts

Sei is seeing heightened on-chain activity and ecosystem growth, with derivatives and DEX trading volumes rising while a $7 million token unlock approaches. The company has announced a partnership with Xiaomi to launch a Sei-powered wallet and stablecoin finance app pre-installed on select Xiaomi smartphones outside China and the United States starting in 2026. These developments signal broader adoption efforts and growing engagement within the Sei blockchain network.

Bearish momentum intensifies as oscillators confirm seller control

Momentum signals are firmly negative, as both MACD (strong sell) and ADX (bearish) confirm strong downside pressure. RSI (38.7) and CCI (–126.6) both indicate the asset is approaching or in oversold territory, though the Stoch RSI is currently neutral on the daily but oversold on all intraday timeframes, highlighting potential short-term exhaustion among sellers. BBP remains negative, confirming sellers are in control intraday. The Awesome Oscillator reading is neutral, not providing further confirmation. SEI opened near yesterday’s close (no notable gap) and is now trading near the session’s low, having dropped 7.22% with a high-to-low range of $0.1168 to $0.127, indicating high intraday volatility and sustained pressure from sellers after the open. Momentum and oscillator signals are aligned in signposting a strong bearish bias, with intraday action reinforcing this trend.

Downside favored as low breakout probability lowers bullish outlook

Looking ahead, the expected price range for the next five trading days is adjusted to $0.105 to $0.127 to reasonably reflect typical volatility relative to current levels. The probability of a price increase is very low (less than 20%), making a further downside move much more likely in the short term. The baseline scenario is for prices to consolidate sideways within this band. A bullish scenario would require a breakout above resistance at $0.1382, while a bearish scenario could unfold if support near $0.1168 is broken, targeting the lower end of the range. The overall technical setup favors continued weakness unless momentum reverses.

Anton Kharitonov, analyst at Traders Union, views SEI as locked in sustained bearish momentum, with price action and indicators signaling strong downside pressure. He notes that network development and strategic partnerships, such as the Xiaomi collaboration, offer positive sentiment but have not yet sparked a technical reversal. Kharitonov believes risk remains skewed to the downside unless key resistance at $0.1382 is reclaimed. "Until the price breaks above resistance, I remain cautious and see little reason to expect a turnaround here."

Source of Data: SEI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.