Date: Wed, June 18, 2025 | 05:35 PM GMT
The cryptocurrency market is experiencing bearish volatility following mounting geopolitical tensions between Israel and Iran. In which Ethereum (ETH) took a sharper hit and gets declined by 9% in last 7 days, now hovering below $2500. Unsurprisingly, altcoins aren't spared — and Sei (SEI) is among the notable assets facing a pullback.
The layer 1 token saw a weekly decline of 19%, extending its monthly decline to around 25%. But beyond the red candles, there might be a bullish story quietly unfolding — one that mirrors a familiar fractal from the past.
Source: Coinmarketcap
Fractal Suggests Bullish Reversal Ahead
Back in mid-2024, $SEI dropped by nearly 37% within a falling wedge — a bullish reversal pattern. After bottoming out, the token saw a swift 71% rally that brought it back up to $0.73, where it met strong resistance at the descending trendline of the broader falling wedge.
Sei (SEI) Daily Chart/Coinsprobe (Source: Tradingview)
Now, SEI has again corrected 37%, and its current price action is pressing against the upper boundary of a similar falling wedge structure. The recent candles are beginning to round off at the base — hinting at early breakout behavior.
What’s Next for SEI?
If history repeats and this fractal plays out fully, SEI could be on the verge of another substantial upside move. A clean breakout from the wedge pattern — ideally with strong volume — could push SEI toward $0.40, aligning with the descending resistance trendline of the main falling wedge.
However, traders should remain cautious. While the setup is promising, confirmation is critical — especially in a macro environment weighed down by geopolitical uncertainty. If the wedge breakout is rejected or lacks momentum, the pattern could fail, leading to further downside.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before making any investment decisions.
