SEI Price Prediction Poised to Soar With Rising Volume and Bullish Market Signals

SEI is navigating a crucial phase following a powerful upward rally that recently lifted the token above multiple resistance levels.

After reaching a high near $0.39, SEI is undergoing a technical cooldown, drawing interest from analysts and holders monitoring the next breakout move.

The current consolidation comes with reduced volatility and shifting open interest, setting the stage for potential directional movement. Despite the short-term correction, underlying signals hint at continued bullish potential if key support levels hold firm.

Cooling Momentum After Strong Breakout

The SEI/USDT 1-hour chart captures a sharp surge that began on July 10, with price accelerating from the $0.26 mark to a local high near $0.39. The breakout was accompanied by strong bullish candles and aggressive volume, highlighting significant buyer activity.

However, the current price at $0.3474 reflects a minor -0.03% hourly change and a broader pullback from recent highs. The latest candles suggest the onset of a short-term correction, as the rapid upward momentum pauses and price enters a phase of compression.

Source: Open Interest

A deeper examination of Open Interest (OI) trends from July 10 to July 16 shows a sharp increase from below 5 million to 9.5 million, then a subsequent drop to 8.127 million. This shift indicates that early buyers may be closing positions, or profit-taking is underway.

While the initial surge in OI reinforced bullish sentiment, the recent contraction could point to waning momentum unless new demand emerges. These metrics reflect a market recalibration, where the outcome depends on whether support zones near $0.34–$0.35 can withstand the pressure.

Market Sentiment and Volume Maintain Strength

Despite SEI’s 6.55% decline over the past 24 hours, the asset continues to record elevated trading volume, with over $360.9 million exchanged during the same period. This persistent liquidity signals that the market remains engaged even as the price cools.

SEI’s market capitalization currently stands above $2 billion, placing it among mid-cap digital assets with notable attention from buyers and speculators. The circulating supply of 5.78 billion SEI tokens also contributes to fluid trading dynamics, supporting short-term price movements with minimal friction.

Source: BraveNewCoin

The current pullback can be contextualized as part of broader market volatility, potentially triggered by recent profit-taking. However, the sustained volume suggests that SEI is not facing abandonment, but instead entering a possible accumulation phase.

Key support at $0.33–$0.34 may form a base for a renewed upward attempt, provided the price maintains its footing. A push toward the $0.37–$0.40 zone remains possible if volume trends persist and technical indicators confirm a rebound.

Bollinger Bands and BBPower Indicators Point to Bullish Bias

As of the time of writing, SEI/USDT’s daily chart shows the token trading well above the Bollinger Bands’ basis line of $0.2978, with the price recently peaking above the upper band at $0.3681.

The expansion of the bands reflects growing volatility, often a precursor to major price movement. Current positioning above the middle band suggests the prevailing trend remains bullish, although the latest red candle shows a brief rejection from the upper band, signaling consolidation.

Source: TradingView

The BBPower indicator, currently at 0.0698, remains in positive territory. The histogram has shown consistent green bars since late June, reinforcing bullish control over the trend. While recent bar contractions hint at reduced momentum, the broader setup continues to favor the bulls as long as price remains above the basis line.

Traders are closely watching the $0.2978 support level for structural integrity, while any renewed push above $0.3680 could mark the start of a new upward phase.