SEI Confirms Breakout From Falling Wedge as Analysts Target $0.22 Resistance Zone

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SEI confirms breakout above $0.18, signaling recovery with momentum toward $0.22 resistance.

Analysts note bullish short-term structure, eyeing potential continuation toward the $0.30 zone.

Sei Network’s TVL rises to $479.99M, reflecting growing DeFi activity and strong on-chain support.

SEI has confirmed a breakout from a falling wedge pattern, marking a shift in market structure after an extended downward trend. The price consolidated near the $0.18 region before breaking above descending resistance. Market data now shows increased buying pressure as SEI maintains momentum toward the next resistance zone near $0.22.

Technical Structure Shows Recovery Momentum

According to analysis prepared by Ali Charts, SEI formed a downward channel with consistent lower highs and lower lows before stabilizing. The market then rebounded near the $0.18 level, aligning with the 0.618 Fibonacci retracement zone. The structure indicates a recovery phase supported by rising momentum within a compressed channel.

After the breakout, SEI advanced toward $0.20, confirming higher lows and steady accumulation above former resistance. Current trading activity remains between $0.195 and $0.203, showing controlled movement above the breakout zone. Fibonacci projections between $0.207 and $0.215 mark short-term resistance levels to monitor

Source: CryptoPatel(X)

According to Crypto Patel, “Looking for a move toward $0.30 if this holds. The short-term structure is bullish.” Volume trends confirm active participation during the breakout, supporting the continuation of upward momentum. Market attention remains fixed on the $0.22 target area, as buyers maintain pressure above the descending trendline.

Sei Network Data Reflects Expanding On-Chain Growth

According to data from DeFiLlama, Sei Network’s total value locked (TVL) stands at $479.99 million, reflecting a 2.25% daily increase. The platform recorded steady growth through 2024, followed by rapid expansion in 2025, reaching peaks above $600 million before stabilizing.

Source: DeFiLlama

Stablecoin capitalization on the network is $184.48 million, supporting active trading and lending. Chain fees and revenue each stand at $106, indicating consistent network usage. Daily decentralized exchange volume reached $21.33 million, while perpetual trading volume totaled $88.81 million.

The network attracted $1.12 million in daily inflows, showing continuous capital movement into DeFi protocols. With a $0.20 token price and a market cap of $1.266 billion, SEI maintains a strong technical and fundamental position as attention turns to the $0.22 resistance level.

The post SEI Confirms Breakout From Falling Wedge as Analysts Target $0.22 Resistance Zone appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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