🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
SEI Shows Strength Near Its Channel Floor as Analysts Point to a Path Toward $0.36
SEI holds its channel floor as buyers stay active near the demand zone, supporting upward potential.
Analysts track a descending channel with targets at $0.20, $0.25, and $0.36 if support holds.
Long-term structure shows rebounds in the $0.10–$0.15 zone and a trendline break toward higher ranges.
SEI trades near its long-term channel floor, and market data shows steady activity as buyers remain active near the lower boundary. The structure leaves room for upward movement as price stays above the demand zone. Bouncing off the channel’s bottom could send SEI toward $0.25 or even $0.36, which forms the central angle of this report.
SEI Shows Steady Activity Near the Lower Boundary
Recent data shows SEI trading between $0.149 and $0.157, while intraday swings remain controlled. The 24-hour range stays between $0.1457 and $0.1531, and the chart shows early softness before an upswing toward $0.153
Source: Coingecko
Data from Coingecko lists a market cap of $950 million, and a fully diluted valuation near $1.49 billion, with trading volume above $99 million. The short-term chart shows repeated tests near $0.146, and these tests lead to moves toward $0.15. The waves form higher lows during later sessions, and the fluctuations remain orderly
According to analysis prepared by Ali Charts, SEI continues to track a descending channel formed in early October, with previous consolidation between $0.26 and $0.30 serving as a key reference. Projected paths show movement toward $0.20 and $0.24 if current support holds.
Long-Term Structure Shows Activity Near the Demand Zone
According to an observation by LLuciano_BTC, SEI continues to move inside a broad downward structure that began after its earlier peak. The price reached the $0.10–$0.15 demand zone, where buyers formed several rebounds. A trendline break forms near the top of the zone, and this change marks a shift from compression into wider activity.
Source: LLuciano_BTC(X)
Historical readings show wide volatility during earlier phases, creating a detailed backdrop for current movement. The long-term channel offers clear boundaries, and traders continue to track reactions near its lower limit
The chart also shows repeated movements inside this channel, giving structure to current market behavior. Analysts note that a continued hold above the channel floor aligns with the projected path toward $0.25 or $0.36, which remain visible targets based on historical movement and present structure.
The post SEI Shows Strength Near Its Channel Floor as Analysts Point to a Path Toward $0.36 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.