HomeAltcoin NewsSEI Tries to Holds Key Support After Trendline Break, Recovery in Focus

SEI Tries to Holds Key Support After Trendline Break, Recovery in Focus

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SEI is attempting to stabilize after a prolonged downtrend, following a descending trendline break highlighted by analyst Ali Martinez.

While the move does not yet confirm a full trend reversal, recent price behavior shows early signs that selling pressure may be easing.

Trendline Break Changes the Short-Term Bias

According to Martinez, SEI has broken above a descending trendline on the 12-hour chart, a structure that had capped price for months. This type of breakout often signals that downside momentum is weakening, even if buyers have not fully taken control yet.

The break shifts the technical outlook from strictly bearish to neutral-to-bullish, but only if price continues to hold above key support levels. Martinez specifically pointed to $0.12 as the level that must remain intact for a recovery scenario to stay valid.

What the TradingView Chart Shows Now

The SEI/USDT 4-hour TradingView chart provides context for that thesis. Price is currently trading near $0.117–$0.118, hovering just above the critical $0.12 zone referenced by Martinez. Recent candles show a gradual downward drift rather than aggressive selling, suggesting that bears are losing momentum rather than pressing for a breakdown.

Volume has remained moderate, with no major capitulation spike. This supports the idea that the market is entering a consolidation phase, where price digests prior losses instead of extending them.

Key Levels Define the Next Move

From a technical perspective, the structure is now well-defined:

  • $0.12 remains the most important support. Holding above it keeps the breakout structure valid.
  • $0.14–$0.15 marks the first resistance cluster. A reclaim of this range would strengthen the bullish recovery case.
  • $0.20 is the upside objective outlined by Ali Martinez, aligning with prior horizontal resistance on higher timeframes.

A clean loss of $0.12 would invalidate the setup and likely return SEI to its previous bearish range.

Market Context and Outlook

At current levels, SEI is not yet in a confirmed uptrend. Instead, price action reflects a transition phase: seller exhaustion after a long decline, followed by sideways stabilization near support. This aligns closely with Martinez’s view that the breakout opens the door for recovery, but confirmation is still required.

As long as SEI remains above $0.12, the path toward higher levels remains technically viable. The next sessions will be critical in determining whether this move develops into a broader trend reversal or fades back into consolidation.

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Mishal Ali
Mishal Ali
Mishal Ali is a passionate crypto journalist with over five years of experience in finance and cryptocurrency reporting. She has worked with renowned platforms like TronWeekly, delivering in-depth market insights and industry updates. She also runs personal blogs to explore these topics further. In her free time, Mishal loves watching movies and staying inspired through creative storytelling.
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