2 days ago
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TLDR:
- The SEI price confirms bullish inverse Head and Shoulders breakout on the weekly timeframe.
- Price moves above SuperGuppy and reclaims key resistance, signaling trend reversal.
- Analysts set SEI targets at $0.4895, $0.6720, and $0.8900 based on Fibonacci levels.
- Despite recent losses, traders monitor for consolidation above breakout zone.
Sei (SEI) is showing signs of a potential breakout after forming a bullish pattern on the weekly chart.
The recent price structure suggests momentum could be shifting, with several analysts pointing to a possible mid-term rally. Technical formations and moving average indicators are aligning in a way that has sparked renewed interest among traders. As SEI tries to push past critical resistance, price targets have emerged based on Fibonacci retracement levels.
This setup has brought SEI into the spotlight, despite recent declines in the broader market.
Inverse Head and Shoulders Signals SEI Price Reversal
According to market analyst Alex Clay, SEI has completed an inverse Head and Shoulders (iH&S) pattern on the weekly chart.
The breakout above the neckline marks a reversal in trend, signaling that bullish momentum is building. This formation typically points to the end of a downtrend and the start of a potential upward cycle.
The structure shows the price breaking through the neckline and moving above previous resistance. The confirmation of this breakout adds weight to the growing expectations of a sustained rally.
Traders are now watching for continued strength above this level to support the upward projection.
Awesome structure on Weekly Timeframe🔥
Breakout of iH&S formation and now breaking through the Key Zone (orange) + SuperGuppy resistance confluence👀
Looking for a rally in mid-term📈
🎯1 Target: 0.4895$
🎯2 Target: 0.6720$
🎯3 Target: 0.8900$ pic.twitter.com/lm8RjNucGN
— Alex Clay (@cryptclay) July 2, 2025
Clay also noted that SEI recently passed through a critical resistance zone marked in orange on his chart. This area previously acted as strong resistance and is now being reclaimed by the bulls.
In addition, the price broke above the SuperGuppy, a multi-timeframe moving average indicator, highlighting continued bullish pressure.
The confluence of these technical signals offers further support to the upward momentum. As SEI establishes higher levels, analysts are watching for consolidation above the zone to confirm a potential new trend.
SEI Price Targets Aligned With Fibonacci Levels
Clay outlined three clear price targets following the breakout. The first is set at $0.4895, corresponding with the 0.5 Fibonacci retracement level.
The second sits near $0.6720, around the 0.618 Fibonacci level. The final target is placed at $0.8900, which aligns above the 0.786 retracement zone.
These targets provide a roadmap for traders monitoring SEI’s next moves. They also serve as resistance levels to gauge momentum and strength.
SEI price on CoinGeckoAccording to CoinGecko at press time, SEI trades at $0.2757, down 2.35% in the past 24 hours. Weekly losses currently stand at 8.63%, indicating short-term weakness.
However, long-term analysts like Ryuzaki_SEI suggest a possible growth continuation structure is forming on the chart.
$SEI — long-term forecast 🔴
On the weekly chart, Sei forms – a classic growth continuation model
The current structure indicates a possible strong upward exit and the beginning of a new growth phase
The first signals are already there, we are getting ready$SEI pic.twitter.com/zOPaVUhtxE
— Ryuzaki SEI (@Ryuzaki_SEI) July 2, 2025
With SEI attempting to establish a new base above prior resistance, the market is watching for confirmation of trend continuation. If momentum holds, SEI could approach the outlined targets in the coming weeks.
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