Sei plunges 9.40% as bearish technicals persist despite new institutional tools

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Sei slides 9.40% today to $0.0646

Highlights

Ledger Enterprise integrated native support for Sei Network, enabling institutions secure, compliant management of Sei tokens with advanced governance and audit tools.
This move advances Sei’s institutional infrastructure expansion ahead of its Giga upgrade, alongside recent integrations with BlackRock, Ondo, and Circle, despite continued selling pressure on SEI price.
SEI trades at $0.0646, well below MA-20 ($0.0723) and MA-50 ($0.0915), with immediate resistance at $0.0786 and persistent bearish momentum prevailing.

Institutional infrastructure expands as price action stays pressured post-integration

Ledger Enterprise added native support for the Sei Network, giving institutional users secure management of Sei tokens with multi-signature governance, role-based access controls, and audit-ready infrastructure. This development brought Sei onto Ledger Enterprise’s platform with treasury and compliance toolkits for institutional transactions. The move is part of Sei's ongoing initiative to expand institutional infrastructure ahead of its upcoming Giga upgrade, accompanied by integrations with BlackRock, Ondo, and Circle — though price action has remained under broader selling pressure.

Bearish momentum dominates as multiple indicators flag further downside

Momentum readings are firmly negative on the daily timeframe, with the MACD signaling a strong sell and the ADX registering a high value, showing a pronounced bearish trend. The RSI and Commodity Channel Index are both in sell territory, while the Stochastic RSI indicates strong selling pressure, pointing to oversold conditions. Bull/Bear Power suggests only marginal buyer activity, failing to offset dominant seller influence intraday. The daily action shows no gap between the previous close and today’s open, yet the price is trading near today's low and has declined 9.40%. Intraday volatility is elevated, with continued pressure after the open. This negative price action is reinforced by the overarching momentum signals, reinforcing the current bearish tone.

Price consolidation likely as downside risk outweighs bullish triggers

Looking ahead, the expected range for SEI over the next five trading days is adjusted to $0.0580 – $0.0710 to reflect typical volatility and the current price level. The probability of a price increase is very low (less than 20%), making further declines much more likely. The baseline scenario calls for price consolidation within a narrow corridor as oversold signals build, while a bullish scenario would require a decisive break above the $0.0786 resistance. In the bearish scenario, a sustained move below $0.0580 could open up further downside pressure toward lower support levels.

Anton Kharitonov, Traders Union expert, sees sustained bearish momentum for Sei (SEI) as the price remains below all major moving averages. Technicals show strong downside pressure with oversold signals building. Recent institutional developments, while positive for longer-term network adoption, have not changed the negative price action. "As long as SEI trades below the $0.0786 resistance, I view any upside attempts as limited and expect consolidation or further declines."

Previously it was reported that Sei (SEI) is trading below its key moving averages, with the price remaining under persistent downside momentum and selling pressure despite recent institutional infrastructure developments. Technical indicators confirm a sustained downtrend, with resistance at the Ichimoku Kijun level and fading support, suggesting continued vulnerability even as volatility could prompt short-term relief moves.

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.