Sei drops 9.13% as technicals confirm strong downtrend and heavy selling pressure
Sei (SEI) is trading at $0.0955, below the MA-20 ($0.1126), MA-50 ($0.1158), and MA-200 ($0.2182). This configuration indicates persistent selling pressure across all major time frames and suggests a sustained bearish market structure, while the closest resistance aligns with the Ichimoku Kijun level at $0.1173.
Highlights
- Ondo Finance launched its yield-bearing stablecoin USDY on Sei Network, introducing the first permissionless tokenized U.S. Treasury asset to the blockchain.
- USDY is backed by short-term U.S. Treasury bonds and bank deposits, enabling Sei's users and institutions to access yield-generating Treasury assets natively.
- SEI trades at $0.0955, below key moving averages with support at $0.0930 and resistance at $0.1050, as bearish momentum dominates.
Stablecoin launch expands Sei’s DeFi and institutional yield access
Ondo Finance has launched its yield-bearing stablecoin USDY on the Sei Network, introducing the first permissionless tokenized U.S. Treasury asset to the blockchain. USDY is backed by short-term U.S. Treasury bonds and bank deposits, allowing Sei users and institutions to directly access yield-generating Treasury assets. This development enhances Sei's DeFi ecosystem by supporting high-throughput on-chain lending, trading, and cross-chain transfers with new institutional-grade products.
Downtrend momentum persists amid oversold signals and volatility spike
Momentum remains weak for SEI, with the MACD and ADX both signaling a downtrend. The RSI (32.26) and CCI (–100.60) indicate the asset is approaching oversold territory, while the Stochastic RSI reflects extreme oversold conditions. Bull/Bear Power shows sellers hold control of intraday momentum, supported by a negative Awesome Oscillator. SEI closed with a daily loss of 9.13%, trading close to its intraday low and well below all major moving averages, highlighting strong volatility and sustained selling pressure. All major momentum indicators confirm a predominantly bearish outlook.
Further downside likely as sellers dominate tight volatility band
Over the next 5 trading days, the typical volatility band for SEI is expected to range from $0.0930 to $0.1050. The probability of an upward price move is less than 20%, making further downside more likely. The baseline scenario anticipates consolidation between support at $0.0930 and resistance at $0.1050. A break above resistance could trigger renewed buying, while a move below support may lead to new lows, as sellers remain in firm control according to D1 and W1 trend signals.
Last time, analysts noted that Sei is trading below all major moving averages with sustained bearish momentum, as technical indicators—including MACD, ADX, and RSI—confirm a weak trend and seller dominance across multiple timeframes. The price remains near daily lows with resistance at $0.1182 and limited immediate support, and sell signals suggest a sideways to bearish outlook within a narrow trading range over the coming days.
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