**SEI Price Analysis: Bullish Reversal Patterns Suggest Rally Toward $0.70**

Mister Crypto has highlighted an inverse head and shoulders pattern on SEI, while analyst Ali points to a descending triangle base near $0.15. Both experts suggest the token could rally toward $0.70—signaling growing momentum and increased investor confidence in the coming months.

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### Inverse Head and Shoulders Pattern Suggests Bullish Setup

Analyst Mister Crypto has observed that SEI may be forming an inverse head and shoulders pattern, a technical structure often associated with a potential bullish reversal. The formation consists of three distinct troughs—a left shoulder, a deeper head, and a right shoulder—positioned beneath a long-term descending resistance line.

This setup typically reflects weakening selling pressure and the gradual return of buying strength. A confirmed breakout above the neckline could validate the reversal and open the path for upward momentum. Technical projections suggest a possible move toward the $0.70-$0.90 zone, provided SEI maintains a stable breakout. Such a move would mark a strong recovery after months of downward price consolidation.

Mister Crypto’s analysis indicates that a short-term retest of the neckline may occur before SEI advances toward higher price targets.

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### Descending Triangle Base Identified as Key Technical Zone

Analyst Ali has emphasized SEI’s current positioning near the base of a descending triangle pattern. The asset is consolidating around $0.15, a horizontal support zone that has been tested repeatedly since early 2024. This level represents the x-axis of a broader technical structure, which has historically served as an accumulation area for buyers.

The recurring defense of this support range suggests that selling activity could be waning, setting the stage for a potential upward breakout. A close above the $0.14-$0.16 area could initiate a move toward the next major Fibonacci resistance levels at $0.33 and $0.49. The broader recovery objective extends to $0.70, which aligns with the 0.382 Fibonacci retracement of SEI’s longer-term correction. Maintaining the price above this support is seen as crucial for bullish momentum to develop.

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### Consolidation Phase and Short-Term Price Action

At the time of writing, SEI is trading near $0.16, reflecting a mild decline of approximately 0.4% over the past 24 hours. The token remains range-bound, moving between $0.158 and $0.165. Current market behavior indicates ongoing consolidation, with buyers attempting to keep the price above the key $0.16 psychological threshold.

Repeated rebounds from $0.158 signal short-term demand strength, while sellers are defending resistance at $0.166. A move above this resistance could attract short-term buyers and drive the price toward the next resistance area near $0.18. Conversely, a decline below $0.158 could expose SEI to further tests near $0.155. These trading conditions indicate active accumulation within this tight range.

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### Market Metrics and Near-Term Outlook

SEI’s market capitalization stands at approximately $1.01 billion, ranking it among the top 110 cryptocurrencies by market size. The circulating supply exceeds 6.2 billion tokens, providing a broad liquidity base. Daily trading volume is around $116 million, reflecting consistent market participation despite the absence of a clear directional move.

Both analysts agree that SEI is approaching an important technical juncture. If the token breaks above the long-term descending resistance, it could confirm the bullish reversal structure highlighted by Mister Crypto and Ali. A successful breakout may pave the way for a recovery toward the $0.70 target, aligning with key Fibonacci levels and the neckline projection.

Until confirmation of a breakout, SEI is expected to maintain its consolidation range. Traders are advised to monitor key support and resistance levels closely for signs of a shift in market direction.
https://bitcoinethereumnews.com/tech/sei-price-eyes-trend-reversal-as-analysts-highlight-0-70-target/