Sei’s recent rally cooled off after reaching a high of $0.39, but price action remains technically supportive.
The token is consolidating near short-term support as traders assess the next directional move.
Despite light pullbacks, volume patterns and moving averages continue to support a bullish continuation. Market participants now watch key zones that may trigger renewed momentum toward previous highs.
Price Consolidates Above Moving Average Support
The SEI/USDT daily chart shows price holding above its 30-day moving average (MA30) of $0.3106 after a controlled retracement. SEI is currently trading at $0.3296, following a 1.11% decline from its previous close.
Price remains above the ascending 60-day moving average (MA60) and close to the 10-day MA, both of which reinforce medium-term support. This suggests the pullback is orderly and consistent with profit-taking following an extended rally that peaked near $0.39 earlier in July.
Source: X
Price action over the past few sessions shows smaller candle bodies and tighter ranges, reflecting market indecision rather than aggressive selling. This pattern often precedes a directional move, particularly when price holds above breakout zones.
The structure is further supported by a series of higher lows since May, indicating sustained demand. If SEI reclaims $0.342 with volume confirmation, the chart setup favors a retest of the $0.39 resistance level.
Volume Signals Accumulation Despite Short-Term Pullback
The 24-hour performance chart confirms accumulation remains active, even as volume levels have declined from July highs. On July 26, trading volume registered at 33.33 million SEI, down from earlier peaks above 100 million.
While the reduced activity signals temporary market fatigue, it also suggests the absence of forced selling. This often aligns with a consolidation phase rather than a trend reversal.
Source: BraveNewCoin
Across the broader session, SEI recorded a 5.32% increase before cooling to current levels. The price opened near $0.31 and advanced through multiple resistance levels before stabilizing around $0.33. This uptrend was accompanied by a consistent volume surge, with a daily high of $169.73 million observed during intraday breakouts.
Market cap at the time of the move rose to $1.91 billion, confirming that institutional and retail interest remain present. If volume returns and coincides with price action above $0.35, it could confirm renewed momentum.
RSI Holds Neutral Zone at Time of Writing
At the time of writing, SEI trades at $0.3299. The Relative Strength Index (RSI) stands at 55.55, with the RSI-based moving average positioned higher at 63.82. This suggests momentum has cooled from recent highs but remains above the 50 midline.
Readings in the 50–60 range are commonly associated with consolidations within ongoing uptrends. If the RSI stabilizes and begins rising again, it may signal the return of bullish strength.
Source: TradingView
The chart from MEXC exchange also highlights lower daily volume during the pullback phase, with no indication of sharp distribution. The 5-day and 20-day volume moving averages remain above current levels, confirming a temporary pause in activity.
If price maintains above the 30-day MA and RSI climbs, SEI could target $0.36–$0.39 once more. A break below $0.31, however, may expose the token to a retest of the $0.28–$0.29 zone.
Source: https://bravenewcoin.com/insights/sei-price-prediction-sei-holds-above-key-support-as-bulls-eye-recovery-toward-0-39