SEI Gains 10% Percent as Volume Soars and Market Breaks Out

• SEI moved past resistance as daily volume passed $427 million with a 10% gain.
• A daily candle breakout was confirmed by high volume and strong analyst signals.
• The SEI  token was chosen as a WYST pilot finalist, which helped push market interest 

SEI is flashing bullish signals after breaking out of a descending channel and forming a clear rounded bottom near the $0.1582 price level. The token surged over 24%, over the past week and is now trading at $0.2199 at press time. This move followed a clean reclaim of the 1.0 Fibonacci level and a breakout above the channel resistance, as shown on TradingView.

Source: Tradingview

The breakout also occurred with a cross above the 9-day moving average at $0.2000 now a support line. SEI tried briefly to work against the $0.2330 mark, coming in at 0.5 Fibonacci retracement, which could be a resistance level if tested again. Price is still trading above the trendline, favoring the bulls.

The token’s momentum remains strong, with confirmation from the MACD. The MACD line crossed above the signal line, and the histogram turned positive to 0.0039. Both lines are rising from negative territory, suggesting building strength. If SEI holds above $0.1937, bulls may target the next extension at $0.3078. The market is now watching if SEI can reclaim $0.2330. If successful, $0.30 could soon be on the radar.

The price increase marked a $0.0167 rise, supported by strong technical structure and volume expansion. According to TradingView data, the daily chart displayed two full-bodied bullish candles from a recent low of $0.172.

Analyst Highlights Key Chart Shift

The SUI token jumped over 10% in the past 24 hours, reaching $0.2199, while trading volume exploded by 93% to $427 million, according to CoinMarketCap during writing. The token’s market cap followed the same bullish trajectory, rising 9% to $1.2B, with a fully diluted valuation of $2.2 billion.

Analyst Nebraskangooner shared an update about the recent $SEI’s dynamics in a tweet. The rise followed a reclaim of a horizontal level marked in yellow and a breakout above two moving averages. Both the red and green trend lines were crossed quickly, showing a decisive shift in price action. This confirmed what analyst Nebraskangooner had flagged earlier as a critical high-volume candle reclaim.

Chart activity was backed by a steep increase in trading volume not seen in over a month. This heavy participation rules out random moves and suggests confirmed market involvement. The combination of price and volume adds strength to the current structure and indicates that the move has depth.

Related: Top Token Unlocks This Week: RENDER, AXS, APT, SEI, And More

What Should the Market Expect Next?

With technicals aligned and volume supporting price, SEI holds a short-term breakout and a midterm bullish case. The market could see near-term price cooling, but structure and analyst confirmation suggests further upside may still unfold.

SEI’s price strength also aligns with recent developments from the Wyoming Stable Token (WYST) Commission. On Thursday, SEI was named one of two finalists for a USD-backed stablecoin pilot, boosting market sentiment.

Despite placing behind Aptos, SEI outperformed rivals like Ethereum, Solana, Ripple, Polygon, and Avalanche. Sei scored 30 points compared to Aptos’ 32 during the commission’s evaluation, trailing narrowly behind the winning proposal. The news sparked renewed attention as SEI beat over a dozen high-profile chains in the selection process. This recognition may affect the outlook of other projects that participated in the evaluation.

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