SEI is showing signs of renewed strength this week after crypto analyst Ali (@ali_charts) highlighted a bullish TD Sequential buy signal on the daily chart, a setup that has historically preceded strong upside moves. According to Ali, SEI has already rallied 30% since the signal flashed and could continue toward the $0.21-$0.23 range if buying activity remains consistent.
At the time of writing, SEI trades around $0.1732, up 4.35% on the week, with a $1.08B market cap and $128M in 24-hour trading volume. Despite broader market weakness, SEI is outperforming many altcoins and holding a key technical zone.
Ali’s chart shows SEI bouncing from a critical support band near $0.16, aligning with the 78.6% Fibonacci retracement level. The recent uptick places SEI back above short-term resistance and suggests momentum may be shifting.
Key technical areas:
Ali’s upside target of $0.21-$0.23 aligns almost perfectly with the 0.618 and 0.5 Fibonacci levels, making them the next logical resistance zones to watch.
SEI’s 7-day chart shows a sharp rebound from early-November lows near $0.155, followed by a volatile but upward-leaning trend. The major surge came on November 8, where SEI briefly spiked above $0.19, indicating strong willingness from buyers to accumulate at lower levels.
Several factors contribute to SEI’s rebound:
The TD Sequential is widely followed in crypto trading. When it flashes a buy signal on the daily timeframe, short-term traders often pile in.
With $128M in daily volume, SEI has enough market depth to support trend continuation if demand increases.
As Bitcoin fights to reclaim its trend, large-cap altcoins with strong narratives, like SEI, often lead early recoveries.
Ali’s target is reasonable if SEI can maintain support above $0.17 and break through $0.185.
Bullish confirmation would come from:
If these conditions are met, a move into the $0.21-$0.23 band becomes highly probable.
Bearish invalidation happens if SEI loses $0.165 again.
