On the hourly chart, SEI registered a bullish change of character (CHOCH), which was a possible structural reversal.
The token is trading at $0.1604, and has fallen by 3.8 per cent at a low of $0.1602 and a high of $0.1683.
SEI increased by 1.9% compared to Bitcoin, which indicates strong relative performance even in the short term in comparison with Tether.
The hourly chart by SEI indicated that the structure had changed and there was a possibility of reversal following several downward runs. The asset is now valued at $0.1604 and this is a 3.8% fall in the last 24 hours. The chart pattern however shows a change of direction of a bullish character (CHOCH) despite the possible short-term slump, which means that market participants might be reevaluating their direction following a stint of active selling pressure.
The change was made close to the $0.1602 level of support where the buyers have recently been more active. This has attracted interest because it usually precedes short term change in momentum of these set ups.
Structural Reversal and Price Behavior
During the 1-hour time period, SEI has broken out of its past lower-high pattern and has laid a new structure base. The development of several swinging lows in the support zone is an indicator that there is a period of stabilization following the previous downward trend. Notably, the bullish CHOCH identified on the chart confirms a structural break that separates the latest upward movement from the previous bearish sequence.
The chart also indicates a potential accumulation pattern forming below the $0.1683 resistance level. This area represents the next target zone where price reactions will likely determine the next directional leg. The observed transition between lower highs and higher lows often reflects growing market participation from buyers, leading to narrowing volatility before a directional breakout.
Key Market Levels and Reaction Zones
SEI has been trading between $0.1602 and $0.1683 and forms a narrow range of 24 hours with visible liquidity in these areas. The bottom serves as the short-term support, and the top band is a short-term resistance line. The squeeze in this scope is an indication of preparation to make a decisive move.
Market Context and Near-Term Focus
At present, SEI trades at approximately 0.051573 BTC, posting a 1.9% daily gain against Bitcoin. This relative strength contrasts with the token’s slight decline against Tether, showing that cross-pair demand remains intact. Market observers continue to monitor the interaction between price and support levels to assess whether this bullish CHOCH sustains into broader recovery phases
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