SEI news live: persistent selling pressure despite robust $535M TVL

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Sei drops 8.56% today on heavy selling

Highlights

SEI trades at $0.2062, down 8.56% from its previous close, below MA-20, MA-50, and MA-200, reflecting persistent selling pressure.
Despite strong on-chain activity with 5.7 million daily transactions and $535 million TVL, SEI faces deep 'Extreme Fear' sentiment and ongoing regulatory and macroeconomic risks.
Oscillators show SEI extremely oversold—RSI at 26.97 and Stoch RSI at 15.5—yet bearish momentum persists, suggesting possible short-term rebound but sellers retain intraday control.

Strong on-chain activity offset by persistent fear amid regulatory headwinds

On-chain activity for Sei continues to show strength with 5.7 million daily transactions and $535 million in total value locked, indicating robust underlying usage. Despite this, the market is facing bearish sentiment, as reflected by a Fear & Greed Index deep in 'Extreme Fear' territory. Ongoing regulatory and macroeconomic risks are also posing challenges for price stabilization.

Oversold momentum and mixed signals as technical barriers converge

The nearest dynamic support is at the Ichimoku Kijun around $0.2092, while resistance lies at the MA-50 near $0.2966. D1 momentum readings are mixed; the MACD signals further downside, and the ADX indicates a strong existing trend. Momentum and oscillators highlight strong oversold conditions, with RSI at 26.97, Stoch RSI at 15.5, and CCI near –280, pointing to short-term seller exhaustion. However, BBP confirms sellers retain intraday control and the Awesome Oscillator remains neutral, while a divergence between oversold oscillators and persistent bearish momentum hints at possible near-term rebound risk.

Balanced breakout risk as short-term consolidation faces sentiment test

For the next five trading days, the expected price range is between $0.2335 and $0.2662, with the average target at $0.2499. The probability of a price increase is moderate at 50%, making a decline equally likely. The baseline scenario suggests SEI may consolidate within a sideways corridor near current levels. A bullish break above $0.2966 could trigger short covering and aim for higher levels, while a move below support at $0.2092 may lead to further downside if negative sentiment continues.

Anton Kharitonov, expert at Traders Union, notes that Sei remains technically weak as prices sustain below key moving averages and downside momentum persists. Despite strong on-chain activity, negative sentiment and regulatory concerns are keeping the bulls sidelined, and current oscillators show deep oversold conditions with only moderate chances of a relief bounce. Kharitonov views the baseline scenario as one of continued sideways consolidation with risks skewed to the downside unless a decisive break above $0.2966 occurs. "As long as SEI stays below $0.2966 and bearish sentiment dominates, I remain cautious and see no clear reason to position aggressively on the long side."

Last time we reported that the probability of a price increase remains very low at less than 20%, suggesting downside pressure dominates. The analysis also noted high intraday volatility and a significant downside gap at the open supporting a bearish tone.

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.