HomeAltcoinsCan SEI Crypto Price Break Above $0.33 Resistance?

Can SEI Crypto Price Break Above $0.33 Resistance?

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Key Insights:

  • The chart recorded an accurate inverted head and shoulders (iH & S) breakout and the SEI mustered an upsurge close to 0.5 level at above $0.25.
  • The overall cost locked (TVL) of SEI marked its all-time high at $610.42 million (publication time), the biggest DeFi milestone of SEI thus far.
  • The liquidation chart of SEI shows a sharp increase in both long and short liquidations in late June.

The recent market conditions have been favorable to SEI crypto holders, who have seen the price of the altcoin grow, outpacing most of the cryptocurrencies.

SEI crypto is seeing growth in price, TVL, and a spike in short liquidations, with all these factors pointing towards bullishness.

SEI Crypto Price Action Analysis

SEI crypto price action recorded an inverted head and shoulders breakout with the altcoin surging following a retracement of its neckline close to the 0.5 Fibonacci level at just above $0.25.

This action came after another locally predicted top at $0.33 and a bottom at $0.25, and the price has leaped close to 25% on retest.

In the event of SEI overturning the $0.3346 resistance to support, it would aim the second Fibonacci extension of the same to be shifted to $0.54342, a breakout level of magnitude.

SEI price chart
SEI price chart | Source: X

Nonetheless, lack of sustainability above $0.30 may provoke a price correction to major Fibonacci numbers: $0.29179 (0.236), $0.26605 (0.382), $0.24525 (0.5), and $0.22444 (0.618).

Such levels would act as important support points and collapses below $0.19482 (0.786) may nullify the whole bullish case.

The steep vertical outpour on the right part of the chart indicated that SEI may rally high should the momentum be maintained.

Nevertheless, a continuation of volume with a confirmed flip of 0.33 would be crucial to the continuation of the bullish breakout trend.

SEI’s Growth in TVL Level

Meanwhile, the Total Value Locked (TVL) of SEI had its all-time high of $602.42 million, the tallest DeFi milestone of SEI thus far. While publishing, the figure had climbed up $610.42 million.

The parabolic growth in the level of TVL, particularly since April 2025, vindicated growing confidence within the ecosystem and liquidity flows.

This quick expansion may be a sign of the increasing adoption of protocols, future releases, and cross-chain connections that push capital towards SEI.

SEI TVL chart
SEI TVL chart | Source: X

Given the trend holds out, SEI could soon be near the value of $700 million, catching up on some speed as one of the best-performing L1 blockchains.

But sudden outflows or a halt of dApp traffic may flip to a pullback into support of $500 million.

The fact that the highs were consistent orders implies heavy demand, yet it would need new use cases or partnerships in order to be sustained.

All in all, surpassing $600M is a sign of a developing ecosystem, and the subsequent movement of the TVL would be determined by further growth, market demand, and profit appeal using the DeFi protocols in SEI. To confirm the long-term growth, bulls can seek consolidation above this wall.

SEI Total Liquidations

SEI’s liquidation charts show a sharp increase in both long and short liquidations in late June. However, the downside has been taken over by the short liquidations.

The price fluctuated in the range of $0.20-$0.30 but experienced sharp increases and drops, which resulted in excessive selling.

The liquidation cascade of short positions meant there was a cascade of short liquidations by rapid price surges, which took the bears by surprise.

SEI liquidation chart
SEI liquidation chart | Source: CoinGlass

In the earlier part of the year, long liquidations were more in number when the price of SEI was in a downtrend.

The recent trend implied an increase in volatility and an overall aggressive stance of bulls and bears. Other liquidations could follow if price consolidation does not apply.

On the other hand, stabilization above key levels could stabilize the markets of derivatives.

The high spikes suggested leveraging crowds that were experiencing the risk of a price movement, and this suggests that there may be a liquidity-driven price movement soon.

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