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Is Sei ($SEI) Poised For a Breakout? This Key Bullish Pattern Suggests So!
The broader cryptocurrency market is navigating heightened volatility ahead of the U.S. Federal Reserve’s policy update, as both Bitcoin ( $BTC ) and Ethereum ( $ETH ) remain under pressure in the red zone. Yet, amid the cautious sentiment, layer-1 blockchain token Sei ( $SEI ) has shown notable resilience — gaining more than 3% and attracting fresh attention.
While the short-term price lift offers a positive signal, the chart formation tells a more compelling story: SEI is now approaching a structural inflection point that could determine the trajectory of its next major move.
Descending Channel in Play
On the daily timeframe, SEI continues to trade within a clean descending channel pattern — a gradual declining structure defined by two parallel lower-trending boundaries. Unlike aggressive collapses, this controlled downward flow has functioned as a technical cooling phase rather than a trend breakdown, allowing accumulation to steadily build along lower support.
The token recently rebounded from the key lower channel support at $0.1201, marking yet another successful defense of this demand pocket. Buyer reaction at this level pushed price back toward the upper channel resistance, placing SEI at $0.1451 and directly beneath a high-value breakout intersection.
That breakout zone is shaped by two critical technical layers:
Descending channel resistance
50-day moving average (MA) at $0.1605
This confluence now stands as the decisive gate.
A breakout above it would not only seal the channel exit but also flip medium-term trend sentiment from corrective to expansionary.
What’s Next for SEI?
Should bulls muster enough momentum to force a close above the $0.1605 mark, the descending channel would be invalidated, unlocking the next potential upside leg. Based on channel projection, price extension toward the $0.202 region stands as a logical near-term technical objective — reflecting a possible 38% appreciation from current levels.
However, until breakout confirmation arrives, price remains in compression. Short-term volatility could persist ahead of the Fed announcement, but if rate direction turns market-friendly, SEI may be among early L1 beneficiaries positioned for trend recovery.
For now, the structure remains technically constructive, momentum is tightening, and the breakout window is drawing near. With both macro and technical setups aligning, SEI is approaching a decisive moment that could define its December trajectory.
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