Sei is beginning to display early signs of stabilization after months of downward momentum, with recent technical indicators and analyst sentiment hinting at a potential bullish reversal.

Despite an extended period of consolidation in the lower range, renewed capital inflows and a rebound from key demand zones are reinforcing expectations that the coin may attempt a recovery toward the $0.30 mark in the coming quarter.

Market Highlights Show Key Breakout Setup

The recent chart analysis by Lucky on X highlights a notable shift in SEI’s market sentiment, suggesting that the asset could be positioned for a comeback in the months ahead. The chart depicts a clear bearish structure stretching back to late 2024, defined by rapid price declines following a series of failed trendline breakouts.

Each brief upward push lost steam, resulting in a broader downward trajectory that eventually placed the asset within a well-established “demand zone,” a region historically known for strong buyer support.

Source: X

Through mid-2025, the token traded largely sideways, consolidating along lower price ranges with several minor breakouts meeting consistent resistance. The demand zone, marked in green, acted as a buffer, preventing further decline and absorbing sell-side pressure. As of September and October, another trendline breakout was observed, though it failed to trigger sustained upward momentum, signaling ongoing market hesitation.

Market Data Shows the Token Consolidating at Key Support

According to BraveNewCoin, Sei is trading at $0.23, reflecting a mild 0.67% decline over the past 24 hours. The token’s market capitalization stands at $1.4 billion, with a 24-hour trading volume of $180.5 million and a circulating supply of roughly 6.24 billion tokens. Ranked 95th globally, the token continues to maintain liquidity despite subdued price action, consolidating between the $0.21 and $0.23 range as traders await confirmation of a trend reversal.

Source: BraveNewCoin

BraveNewCoin data underscores that the prolonged consolidation phase mirrors broader caution in the altcoin market. While short-term sentiment remains muted, the consistent defense of the demand zone suggests accumulation among patient buyers.

Should the crypto sustain above its current range and volume expand meaningfully, the next upside target around $0.28–$0.30 could come into focus, aligning with historical resistance zones noted in prior cycles.

Technical Indicators Signal Waning Bearish Momentum

At the time of writing, SEI was trading near $0.2295, marking a daily increase of 1.82% after rebounding from a temporary low near $0.0683. The pronounced wick and subsequent recovery highlight renewed demand strength and align with the green “demand zone” outlined by analysts.

Source: TradigView

The Chaikin Money Flow (CMF) indicator registers at 0.18, confirming that capital inflows are outweighing outflows as market participants accumulate positions at discounted levels. This sustained inflow aligns with growing confidence in a potential bottom formation.

Meanwhile, the MACD histogram prints at -0.0053, with the signal line at -0.0147, indicating a narrowing gap between bearish and bullish momentum. Analysts view this compression as an early sign of trend exhaustion among sellers.