SEI Near to Explode!!!

The cryptocurrency market started 2025 facing a lot of pressure. Ethereum (ETH) had its worst first quarter ever, dropping 45% and affecting the mood in the altcoin market. However, things might be changing. President Trump announced a 90-day pause on tariffs, bringing new hope to global markets, and crypto is starting to show some positive reactions.

One altcoin showing signs of improvement is Sei (SEI), which has risen over 15% this week after staying above an important support level. Could this mean a recovery after a big drop of 54% this year?

SEI has been falling since it reached about $0.90 in March 2024. This downward trend has created a pattern typically linked to price increases. Just this week, SEI reached a crucial support level near 0.13, and buyers jumped in.

Price quickly rose to 0.1786, showing renewed interest at these levels. The weekly chart indicates that SEI is still in the wedge, but the recent price bounce has brought it closer to the upper resistance line.

If SEI breaks out from this wedge, it could change everything. The price might move to the 0.40 area, which would represent a 110% increase from where it is now.

The MACD on the weekly chart is starting to rise. While this isn't confirmed yet, it hints at a possible shift from a downward to an upward trend.

SEI is at an important point. If it keeps gaining momentum and breaks out of the wedge, it could signal a major change in trend. Traders and investors should watch the volume and confirm breaks above resistance before getting involved.

If the breakout does not happen, SEI might drop back to its support zone. But for now, the trend indicates that things might be changing.

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