TLDR:
- SEI price holds critical $0.285 support, signaling bullish or bearish direction.
- Targets include $0.48, $0.56, and $0.67 Fibonacci resistance levels.
- Trading volume above $160M shows active participation but lacks clear momentum.
- Falling below $0.285 could trigger a bearish retracement to lower price zones.
SEI’s price sits right above a key support level near $0.285, with the market holding its breath for the next move. Investors and traders are watching carefully, unsure if SEI will break upward or slip back.
Recent trading shows a 4.5% rise over 24 hours and a nearly 10% gain over the past week. Price targets stretch from $0.48 to $0.67, but a drop below $0.285 could mean a return to lower price zones. Momentum is still uncertain as the market waits for a clear signal.
SEI Price Holds Critical Support Level, Targets Set at $0.48 and Above
The price of SEI is currently testing the $0.285 support level, a crucial point that may determine the coin’s next trend. Holding above this level suggests some resilience in the market.
CryptoPulse, a noted crypto analyst, recently highlighted this price zone as the dividing line between bullish and bearish sentiment. If SEI manages to maintain this floor, traders expect it to reach the next resistance near the 0.5 Fibonacci retracement level at $0.48.
🔔 SEI Update 🔔
Price is hovering just above the $0.285 key level ⚖️👀 — market still deciding its next move.
📈 If momentum builds above here:
Targets to watch → $0.48, $0.56, $0.67 🚀📊📉 If we break back below:
Could revisit lower range levels ⚠️🔻Currently in a… pic.twitter.com/sUGmFsJCXX
— CryptoPulse (@CryptoPulse_CRU) August 8, 2025
Moving beyond $0.48 would likely bring the $0.56 level into play. This point corresponds to the 0.618 Fibonacci retracement, which can be a significant resistance area.
Should momentum carry SEI further, the $0.67 level, marked by the 0.786 Fibonacci retracement, would be the next hurdle. These Fibonacci levels often guide traders on potential price targets during market moves.
However, if SEI falls below $0.285, the outlook shifts. The market could revisit previous lower ranges, causing uncertainty among investors. Such a dip may indicate a bearish turn, forcing traders to reassess their positions.
For now, SEI remains in a neutral zone, with price action confined between key support and resistance levels.
Trading Volume and Momentum Highlight Market Caution
CoinGecko’s latest figures put SEI’s price around $0.31, with a 24-hour trading volume exceeding $160 million. This volume shows active participation but does not yet confirm a strong trend.
CryptoPulse’s technical analysis points out that momentum must build for SEI to break decisively above its current range.
The current phase resembles a market waiting for confirmation. While the weekly price increase suggests some buying interest, traders need a stronger push to sustain gains. Watching how SEI behaves around the $0.285 mark will be critical.
A clear breakout or breakdown will likely set the tone for upcoming price movements.
In summary, SEI’s price movement depends on the key support at $0.285. Breaking above this could lead to higher targets around $0.48, $0.56, and $0.67. Conversely, slipping below might bring bearish pressure back.
