Sei declines amid strong selling momentum and limited upside potential

Traders Union
All News
Crypto
Sei drops 10.51% today to $0.059

Highlights

SEI trades below key short- and medium-term moving averages, with sustained selling pressure and no bullish divergence among indicators.
Momentum remains bearish with MACD, ADX, and other oscillators in oversold territory, confirming strong dominance by sellers.
Expected price range for coming sessions is $0.0563 to $0.0615, with high probability of continued downside unless resistance at $0.0625 is broken.

Bearish momentum hardens as oversold readings and resistance converge

On the H1 chart, SEI/USD is trading below both the MA-20 ($0.0616) and MA-50 ($0.063), while price remains above the MA-200 ($0.0541) level on the daily timeframe. The Ichimoku Kijun provides immediate resistance at $0.0625. Short-term momentum stays bearish, with both MACD and ADX confirming the current downtrend. Indicators including RSI (26.5), Stochastic RSI, and CCI are all registering oversold readings. Bull/Bear Power signals strong seller dominance, and the Awesome Oscillator is aligned with this bearish momentum. Price action is hovering near the daily low, and there is no notable divergence visible among momentum indicators.

Further downside risk persists as price remains in lower band

For the coming sessions, SEI is expected to trade within a volatility band between $0.0563 and $0.0615. The probability of a further decline remains high, while the chance of a meaningful upward move is considered low. If SEI can break above $0.0625, a bullish scenario may begin to unfold; however, a drop below $0.0563 would renew downside risk. The baseline scenario calls for sideways movement within the identified range.

Anton Kharitonov, expert at Traders Union, sees SEI locked in a bearish phase with little technical support nearby. He notes continued weakness, as price remains below key moving averages and all short-term indicators confirm strong seller control. The outlook stays defensive, as only a break above $0.0625 would signal any chance of recovery. "Until SEI reclaims the $0.0625 level, my base case is for consolidation or further downside," he says.

Earlier, analysts noted that Sei was experiencing mixed momentum signals, with the medium- and long-term outlook appearing more resilient despite short-term weakness. The current analysis strengthens the bearish case for the near term, highlighting that a sustained move below $0.0563 would raise the risk of accelerated downside.

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.