SEI Soars: Bullish Breakout to $0.47, Analysts See 39% Rally 🚀💰

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SEI Network (SEI) has embarked on a journey of decisive optimism, where the winds of buying momentum have lifted its price above the clouds of critical resistance. The recent flight confirms a breakout from the previous consolidation, setting SEI on a trajectory for a potential extended rally, as chart patterns and market indicators align in a celestial dance of continued upside.

Momentum Builds as SEI Clears Multi-Week Resistance Levels

According to a recent daily chart shared by the astute analyst GÖKTÜRK DEMİR (@Demir44106384), SEI has successfully breached its key pivot at $0.2375, establishing a bullish structure identified on the chart as “BOĞA.” 🐂

The ascent toward $0.3852—now a primary resistance target—was buoyed by a surge in volume, which climbed to 336 million, marking a 1.86x increase from the previous average. This volume strength aligns with a confirmed structural shift, as SEI forms higher highs and higher lows on its current trend, like a mountain range rising from the sea.

The Relative Strength Index (RSI) is elevated at 74.7, indicating strong momentum, while the MACD indicator continues to support bullish continuation. The Q-Status, as noted by Demir, reads “STRONG LONG,” supported by a Volatility Factor of 1.0 and an Uncertainty score of 0.001. These figures suggest market confidence remains high and downside risk is limited in the short term, like a ship sailing with the wind at its back.

Resistance beyond $0.3852 lies near $0.4247 and $0.4769, presenting targets if bullish momentum sustains. 🎯

Supertrade and Brave New Coin Data Align in Short-Term Bull Continuation

Additionally, Supertrade (@Supertrade_com) highlighted the 4-hour SEI/USDT chart, where the token recently flipped resistance at $0.3435 into solid support. The breakout followed multiple failed attempts earlier in July, establishing a bullish base between $0.3359 and $0.3435, like a phoenix rising from the ashes.

With the price now holding above this level, Supertrade outlined TP1 at $0.3553, which has been reached, while the next upside targets lie at $0.4247 and $0.4769. A defined invalidation zone near $0.3120 frames a risk-controlled setup for continuation trades, like a well-fortified castle.

This technical breakout is supported by on-chain market data from BraveNewCoin, which shows SEI trading at $0.37, with a 24-hour price increase of 10.90% at the time of writing. The project now commands a market capitalization of $2.15 billion, supported by a circulating supply of 5.78 billion SEI. 🌐

Trading volume remains elevated at $620.88 million, further confirming sustained participation. These figures complement Supertrade’s technical findings, reinforcing the possibility of SEI maintaining upside pressure as it targets the next resistance band above $0.42. 📈

Technical Indicators Signal Extended Uptrend Toward $0.47

As of now, SEI maintains its position within an ascending price channel, with candle structure favoring bulls. Momentum indicators remain supportive of the rally. The MACD histogram is firmly in positive territory, with widening divergence between the MACD and signal lines—a technical marker often associated with trend continuation, like a river widening as it approaches the sea.

Volume is increasing in tandem, suggesting active interest from both retail and institutional participants. 🤝

The RSI, currently at 73.79, has entered overbought territory, yet remains stable. While traditionally viewed as a reversal signal, RSI can remain extended in strong uptrends. The recent bullish divergence observed in late June preceded this breakout and continues to guide momentum higher, like a lighthouse guiding ships through the night. 🌠

Should SEI sustain its hold above the $0.35–$0.36 zone, analysts view the structure as supportive of a potential move toward the $0.42–$0.47 range, completing the measured move from the V-pattern formation. 🚀

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2025-07-17 16:08