SEI Trades Near Key X-Axis Support as Analysts Target a $0.70 Breakout Zone by Early 2026

CryptoFrontNews
SEI10,51%

SEI trades near $0.16 at the triangle’s x-axis, signaling a potential breakout toward $0.70.

Analysts identify an inverse head and shoulders pattern with a breakout target extending up to $0.90.

SEI’s TVL holds at $260M with strong liquidity and steady DeFi activity across its ecosystem.

SEI trades near the x-axis of its descending triangle pattern, positioned at a crucial technical level that may serve as a launchpad for a bullish breakout toward $0.70. The token continues to show strong on-chain participation, stable liquidity, and consistent network engagement across its DeFi ecosystem.

SEI Price Structure Near the Triangle Base

Ali Charts, a well known crypto analyst, noted that SEI has been forming a descending triangle since early 2024. The price has declined from above $1.10 to around $0.16, maintaining steady support near $0.14. The structure shows consistent lower highs and tightening price movement, forming a prolonged consolidation zone as volatility continues to decrease toward the x-axis.

The analysis marks Fibonacci retracement levels between $0.33 and $0.70 as possible resistance zones. The chart has dotted projections of upward targets of $0.40, $0.50, and $0.70 at the beginning of 2026. The data reveal that the buyers have successfully defended the $0.14 level, and this has provided a solid technical basis.

Source: MisterCrypto(X)

According to an observation by Mister Crypto, SEI appears to be forming an inverse head and shoulders pattern. The left shoulder formed near $0.22, the head near $0.14, and the right shoulder around $0.18. “SEI looks to be creating an inverse head and shoulders pattern here. Looks very bullish,” he noted. The potential breakout level lies above $0.35, which could extend the price target toward $0.90.

DeFi Activity and Network Fundamentals

SEI has total value locked (TVL) of $260.48 million, a 5.92% decline in 24 hours, according to DeFiLlama data. Despite the short-term decline, TVL showed consistent growth from late 2023 to mid-2025, when it peaked above $600 million

Source: DeFiLlama

SEI maintains $113.53 million in stablecoin capitalization, reflecting ongoing liquidity strength. The network records $433 in daily chain fees and $17,833 in application revenue, showing steady activity

DEX volume is $12.35 million, with perpetuals volume reaching $27.51 million. SEI’s market capitalization is $1.003 billion, with the token trading around $0.16. Technical and on-chain indicators position SEI near a decisive structural zone, where consolidation near the triangle’s base could precede a potential upward continuation toward $0.70.

The post SEI Trades Near Key X-Axis Support as Analysts Target a $0.70 Breakout Zone by Early 2026 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Avalanche and Hedera rise in price, CoinDesk 20 continues to climb

Avalanche and Hedera have shown significant price increases, contributing to a positive sentiment in the CoinDesk 20 index. The overall market is attempting to stabilize amidst short-term volatility, with buying interest shifting to altcoins. Further growth will depend on sustained liquidity and market psychology.

TapChiBitcoin33m ago

Raoul Pal Declares Bitcoin Peak Will Arrive in Q2 2026, Bull Cycle Extension Still in Play

Raoul Pal declares Bitcoin peak will arrive in Q2 2026. He then explains how the bull cycle extension is still in play. Several factors point to BTC and altcoin prices surging after a dip. The crypto market has been in a fierce tug of war debate over bearish vs bullish expectations

CryptoNewsLand50m ago

Algorand (ALGO) Soars 22% Daily Following Google’s Warning: Further Gains Ahead?

The cryptocurrency market has taken a breath of fresh air over the past 24 hours, with multiple leading digital assets charting minor increases. Algorand (ALGO) stands out as one of the top performers following a 22% daily pump. Some analysts believe there is more fuel left for an additional

CryptoPotato56m ago

Trump Says When the US Will Agree to Iran’s Requested Ceasefire: How Will BTC React?

Bitcoin's price surged to $69,200 amidst Middle Eastern tensions and Donald Trump's comments on Iran seeking a ceasefire. The market's stability hinges on the region's developments, impacting the cryptocurrency's volatility.

CryptoPotato1h ago

Grayscale’s research head says tokenization will happen in waves and explains how to play it

Tokenization has become one of crypto's favorite buzzwords, but Grayscale head of research Zach Pandl said investors should think about it less as a single trade and more as a long roadmap with different winners at different stages. Speaking at EthCC conference in Cannes, France, Pandl said that th

CoinDesk2h ago

Crypto Sector Displays Steady Performance While Fear Persists

The crypto market shows steady momentum with a capitalization of $2.33T and a 24-hour volume increase of 28.86%. Bitcoin and Ethereum rose by 1.47% and 3.10%, respectively. Notable gainers include $TRUMP, $GROK, and $PI. DeFi and NFT markets also experienced growth, while Mercado Libre plans to phase out Mercado Coin and CoinShares aims for a Nasdaq debut.

BlockChainReporter2h ago
Comment
0/400
No comments