SEI Consolidates Within Falling Wedge as Analysts Target a Breakout Toward the $3 Level

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SEI consolidates within a falling wedge, with analysts eyeing a potential breakout toward $3.

Technical indicators and RSI divergence suggest sustained bullish momentum above the $1.40 support.

SEI’s DeFi ecosystem grows with $454M TVL and rising institutional adoption driving network strength.

SEI appears to be building bullish pressure as its price continues to consolidate within a falling wedge pattern. The cryptocurrency is showing strong fundamentals but remains technically undervalued. Analysts suggest that a prolonged sideways consolidation could precede a possible breakout toward the $3 benchmark per token.

Technical Structure and Market Momentum

According to an analysis prepared by Bitcoinsensus, SEI’s weekly chart shows a transition from consolidation to sustained bullish momentum. The asset formed a macro bull flag in early 2024, followed by a breakout near $0.20. Subsequent accumulation near $0.67 built a strong support base that supported further price movement.

A second breakout in mid-2026 drove SEI above $2.40 and to a high of $2.9484. The pattern displayed consistent higher highs and higher lows, which confirmed its bullish trend. Analysts identify the resistance zone between $2.93 and $3.00 as a key area to monitor. A move above this level could open the path toward $3.10–$3.20.

Source: AliCharts(X)

Technical indicators, including a bullish divergence on the RSI observed by Ali Charts, suggest that market momentum may continue to strengthen. As long as SEI remains above $1.40, analysts believe the upward structure will stay intact.

Ecosystem Growth and On-Chain Fundamentals

According to data from DeFiLlama, SEI’s DeFi ecosystem recorded a Total Value Locked (TVL) of $454.44 million, reflecting stable growth in recent months. Stablecoins on the network hold a combined market capitalization of $176.59 million, supporting high transaction volume and consistent liquidity expansion.

Source: DeFiLlama

Further observations by WantCoinNews show SEI’s growing role in real-world asset tokenization. Institutional funds, including Apollo’s $1.2 billion Diversified Credit Fund and BlackRock’s tokenized initiatives, have launched through the network. Circle’s Gateway integration led to $100 million in USDC minting, while PayPal’s PYUSD and Agora’s AUSD also joined the ecosystem.

Analysts view SEI’s position as strengthening, driven by expanding DeFi participation and institutional partnerships. With price consolidating within the current range, the technical setup suggests that SEI may be preparing for another upward expansion toward the $3 benchmark level.

The post SEI Consolidates Within Falling Wedge as Analysts Target a Breakout Toward the $3 Level appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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GateUser-549dbb1bvip
· 4h ago
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