The recent structural shift from consolidation to an upward move could indicate the beginning of a new rally phase. Is it time for altcoin season? Is Sei the best crypto to buy right now? Let’s explore.<\/p>\n
Market participants are now focused on critical support zones and technical formations that may define SEI\u2019s next direction. While the bullish bias remains, recent price action suggests mixed sentiment in the short term.<\/p>\n
The SEI\/USDT<\/a> daily chart shows a breakout above the long-standing consolidation range between $0.14 and $0.24, marking a notable technical milestone. Analyst @CryptoinfosTA<\/a> recently labeled the formation as \u201cBULLISH \u201d in an X post, citing the breakout as a structural shift away from the stagnation that persisted through April to late June.<\/p>\n
In a separate post, analyst @core_crypto1 <\/a>provided a scalp trading plan based on a symmetrical triangle pattern. The analysis identifies a potential entry between $0.270 and $0.276, with price targets at $0.30, $0.325, and $0.365. A stop-loss was recommended at $0.262, with leverage of 5x to 10x for risk-managed execution.<\/p>\n
The triangle\u2019s lower trendline support is acting as a potential rebound area, and if SEI respects this level<\/a>, continuation toward the outlined targets becomes technically viable. Both analysts view the breakout as a signal for upside continuation, conditional on SEI holding above key support.<\/p>\n
Data from Brave New Coin <\/a>for the 24 hours ending July 4, 2025, paints a more cautious picture in the short term. SEI declined 7.09% over the session, falling from an intraday high near $0.285 to close at approximately $0.261.<\/p>\n
Source: Brave New Coin<\/a><\/p>\n
As of July 4, 2025, SEI<\/a> was trading at $0.2634, reflecting a daily loss of 3.20%. The token remains under pressure after reaching highs above $0.31 in late June. Candlestick formations on the daily chart show lower closes and reduced buyer commitment, pointing to a short-term bearish shift. Key support near the $0.255\u2013$0.260 zone may be tested again if the current trend continues without renewed interest from bulls.<\/p>\n