-12.79% for Sei as buyers hesitate at $0.0505 support

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Sei drops 12.79% to $0.0554 today

Highlights

SEI/USD faces sustained bearish pressure, trading well below major moving averages across all timeframes.
Momentum indicators confirm a strong sell environment, but multiple oscillators show clear downside exhaustion and oversold conditions.
Price is expected to remain between $0.0505 and $0.0603 over the next 2–3 days, with a high risk of further declines unless immediate resistance is reclaimed.

Bearish momentum persists as oversold signals show downside exhaustion

SEI/USD is trading below the MA-20 ($0.0600) and MA-50 ($0.0632) on the hourly chart, with the MA-200 ($0.0867) on the daily timeframe also above the current level. The Ichimoku Kijun at $0.0601 acts as immediate resistance. Momentum indicators are negative: both MACD and ADX confirm a sell environment. The RSI stands at 26 and is oversold, while Stoch RSI gives a strong buy signal and CCI is also deeply oversold, signaling significant downside exhaustion. Bull/Bear Power (BBP) highlights seller dominance intraday, and the Awesome Oscillator aligns with prevailing bearish momentum. Price action shows a sharp move toward the daily low, with a 0.0038 downside gap and high volatility. There is clear divergence between oversold oscillators and trend indicators.

Downward bias holds as volatility defines near-term price corridor

Over the next 2–3 trading days, the expected price range for SEI/USD is between $0.0505 and $0.0603, representing a typical volatility band relative to current levels. The probability of a continued downward move remains high, with stabilization possible within this corridor. A bullish scenario would require a sustained break above the immediate resistance at $0.0601, while further downside could be seen if price falls below support at $0.0505.

Viktoras Karapetjanc, expert at Traders Union, sees SEI under strong selling pressure as it trades below key moving averages and momentum remains bearish. He notes that despite deep oversold readings, indicators still favor sellers in the short term. Stabilization may occur within the $0.0505 – $0.0603 range, but a sustained bullish reversal would require a break above $0.0601. "While downside dominates, I stay constructive — a bounce is possible as exhaustion builds, but confirmation is essential before turning bullish."

Earlier, analysts noted that Sei was under persistent selling pressure, with momentum signals pointing to a predominantly bearish near-term outlook. The current technical setup reinforces this narrative, and traders should now closely monitor the $0.0601 resistance, as a decisive move above this level could signal an early shift in trend momentum.

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.