REDATOR Redator Postado Julho 29 REDATOR Denunciar Share Postado Julho 29 SEI’s bullish setup is starting to take shape, and we might be looking at the best entry point in weeks, but there’s an important catch. We’ve seen SEI spend the past three weeks consolidating in a defined range while everything else in the altcoin space has ripped. So is now the time to ape into SEI? SEI Price Forms Classic Bullish Pattern But Faces Key Resistance (SEIUSD) Over the past 24 hours, SEI dropped 5.5%, once again testing the lower bounds of its three-week range between $0.317 and $0.37. Despite this dip, the broader structure remains constructive. A textbook Cup and Handle formation appears to be forming on the 1D chart and the price is attempting to break out of the “handle” portion, and multiple indicators are starting to confirm the momentum shift. “That’s a Golden Cross, and it typically signals trend continuation to the upside.” – 99Bitcoins Analyts $SEI interesting L1 with a lot going on. Chart on weekly doing higher lows and higher heights since it found support at the $0.14 range. It has basically done a full reset from the top in 2024.PoC at $0.26 must hold for a continued bullish structure.Targets:Conservative $1.44… pic.twitter.com/Vaj3yMERq6 — Dorkchicken (@DorkChicken) July 29, 2025 Meanwhile, overbought signals are flashing, with the RSI pushing past 75. It’s a classic setup for a pause or pullback, though still structurally bullish. Why SEI Is Still Trading Sideways Despite Bullish Indicators While the daily indicators flash bullish, the catch is that SEI continues to face rejection below $0.35 and remains stuck in range. So far, price action suggests that SEI is still very much locked in consolidation, and the breakout narrative hasn’t been confirmed just yet. Is SEI a Buy Right Now? SEI’s longer-term case is intact, but near-term trade setups are clearer on the 4H. If BTC stays stable, this could mark a high-reward entry. A breakout over $0.35 unlocks room to run. Lose $0.324, and the bottom of the range is back in play. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways SEI’s bullish setup is starting to take shape, and we might be looking at the best entry point in weeks, but there’s a catch. While the daily indicators flash bullish, the catch is that SEI continues to face rejection below $0.35 and remains stuck in range. The post SEI Price Analysis: Cup and Handle Breakout in Play, Here’s When to Buy… appeared first on 99Bitcoins. Citar Link para o comentário Compartilhar em outros sites More sharing options...
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