BCGAME - Free 5BTC Daily Bonus!- SEI quoted near US$0,29 raises technical attention
- Resistances indicated between US$0,50 and US$0,90
- Market sentiment indicates slightly negative bias
Cryptocurrency analyst Ali Martinez continues to highlight that the SEI is retesting a key trendline, and that regaining support at $0,35 could pave the way for a move to $0,90.
The SEI is currently trading at around US$0,293, with significant daily volume and moderate price variation. This value is close to Martinez's observations, although below the critical support zone mentioned.
On the daily chart, the RSI remains around 45 points, in the neutral zone, indicating there's room for buyers to step up if they enter the market more strongly. This reinforces the technical argument that surpassing $0,35 would be a turning point.
Martinez identifies a decisive zone: “If the SEI secures a position above $0,35, Fibonacci retracement levels suggest that the next resistance points are around $0,50, $0,70, and finally, $0,90.” In his words, a successful retest and continuation of the rally “would signal a major reversal after months of sideways trading.”
$I KNOW in a bullish retest! Reclaim $0.35 as support, and the path opens to $0.90. pic.twitter.com/UaVYrr4Z3b
— Ali (@ali_charts) September 24, 2025
Regarding market sentiment, recent data indicates a slightly negative trend in the SEI. Price forecast analyses show that the prevailing sentiment remains bearish, reflecting caution and expectations of a moderate pullback among investors.
Despite this, the SEI ecosystem demonstrates solid fundamentals. Its Total Value Locked (TVL) recently reached $626 million, reflecting growing interest in the protocol even amidst pressure on the token's price.
This divide between positive fundamentals and cautious market sentiment creates tension in the price trajectory. If the SEI manages to establish support above $0,35, it could challenge higher resistance; otherwise, it could retreat again due to participant hesitation.
