Sei faces support test at $0.0535: Can SEI avoid deeper losses?

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Sei drops 7.3% today to $0.0751

Highlights

SEI has rebounded over 100% from its August 2026 low of $0.03824, signaling a substantial recovery in asset value.
Market attention has focused on the potential for a Staked SEI ETF filing, which has raised expectations for future token demand.
SEI trades below key short- and medium-term moving averages with bearish momentum signals, and is likely to range between $0.0684 and $0.0818 in the next two to three days.

Rebound from all-time lows faces resistance as ETF rumors stoke anticipation

SEI has staged a notable rebound of over 100% from its August 2026 all-time low of $0.03824, marking a historical recovery in underlying asset sentiment. The token is currently encountering technical resistance at a falling wedge formation, which may constrain immediate upward movement. According to Coinpedia and Kucoin, recent market attention has also centered on the possibility of a Staked SEI ETF filing, a development that has heightened anticipation regarding future demand, though price action has remained under broader selling pressure.

Technical barriers persist as sellers dominate momentum indicators

On the hourly chart, SEI is trading below its MA-20 at $0.0766 and MA-50 at $0.0772, while on the daily timeframe, the price remains above its MA-200 at $0.0535. The Ichimoku Kijun sits at $0.0784, serving as immediate resistance. Momentum indicators are skewed toward sellers, with RSI at 44.286 and MACD showing ongoing selling pressure, while ADX is neutral and Stoch RSI remains flat. CCI and Bull/Bear Power reinforce seller dominance, while the Awesome Oscillator is neutral, confirming mixed but overall weak momentum.

Range-bound outlook prevails as downside risk outweighs reversal potential

Over the next two to three trading days, SEI is expected to move within a range from $0.0684 to $0.0818. There is a 53% probability of further downside from current levels, with a less likely 47% chance of an upward move. The base case anticipates sideways trading within this volatility band, with a bullish breakout contingent on persistent buying above immediate resistance, and a bearish scenario likely if selling intensifies below support.

Viktoras Karapetjanc, Traders Union expert, sees SEI’s recovery from its all-time low as a signal of renewed underlying market interest. He notes that technical resistance and ongoing selling momentum currently limit upside potential, but sentiment is buoyed by speculation around a potential Staked SEI ETF. Despite mixed signals, Karapetjanc maintains a constructive stance given fundamentals and growing attention. "If SEI sustains above key support and ETF developments progress, I expect renewed demand to drive a more decisive upside move," he says.

Earlier, analysts noted that Sei was exhibiting strong bullish momentum supported by infrastructure developments and sector recognition. With current weakness in momentum indicators and technical resistance evident, traders should remain alert for a decisive move outside the $0.0684 to $0.0818 trading range 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.