-7.03% for Sei as direction stays uncertain within a tight trading range

Traders Union
All News
Crypto News
Sei drops 7.03% today to $0.0613

Highlights

Sei joined Mastercard’s Crypto Partner Program on May 15, 2026, advancing its integration with traditional payment systems.
The partnership signals growing corporate engagement with blockchain, aiming to expand Sei’s real-world financial applications.
SEI remains under pronounced selling pressure, with high probability of sideways to bearish price action between $0.0580 and $0.0645 in the near term.

Payment sector partnership as broad selling pressure persists

On May 15, 2026, Sei was officially added to Mastercard’s Crypto Partner Program, marking a significant step in formal engagement with traditional payment networks. This partnership is expected to facilitate integration of blockchain solutions into more established financial infrastructure, with the potential to broaden real-world use cases for Sei technology. The confirmed move demonstrates increasing corporate collaboration with institutional payment players, though price action has remained under broader selling pressure.

Mixed momentum signals as resistance limits upside potential

Technical analysis highlights that SEI is trading below the SMA-20 at $0.0634 and the Ichimoku Kijun at $0.0671, while maintaining a marginal position above the SMA-50 at $0.0587 but remaining well under the SMA-200 at $0.0975. The Kijun level at $0.0671 acts as the nearest resistance, with $0.0580 serving as immediate support. Momentum indicators present a mixed picture: the MACD suggests a strong buy while the ADX signals only moderate buying strength. RSI sits neutral at 50, the Stoch RSI hovers near oversold, and the CCI remains neutral. BBP indicates slight buyer dominance on the daily timeframe but reveals that sellers control most intraday periods; the price is at the lower end of today's range, reflecting sustained volatility and pressure since the open. This blend of readings underscores short-term uncertainty and a lack of clear conviction among market participants.

Sideways trading bias as downside risks remain elevated

Looking ahead to the next five trading days, SEI is projected to fluctuate within a typical volatility band between $0.0580 and $0.0645, indicating a sideways to mildly bearish channel. The probability of a continued decline is high, with consolidation in a tight corridor as the baseline scenario. A bullish structure would only emerge if the price can reclaim and hold above the $0.0671 resistance, while a daily close below $0.0580 would likely trigger further bearish momentum.

Viktoras Karapetjanc, expert at Traders Union, sees Sei’s addition to Mastercard’s Crypto Partner Program as a strong signal of growing institutional interest and a step towards broader industry adoption. He notes that despite short-term price pressure and technical uncertainty, this kind of corporate partnership is a major fundamental positive. The analyst expects SEI to remain volatile but believes real-world use cases will underpin long-term sentiment. In his words: "Partnerships like this one with Mastercard lay the groundwork for future growth—even when price action is not yet reflecting it."

Earlier, analysts noted that Sei's strong short-term momentum was balanced by caution over persistent resistance and signals of potential pullbacks. The current environment reinforces these concerns, highlighting that sustained volatility and key resistance at $0.0671 remain critical for any recovery attempt in the coming sessions.

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.