Sei Crypto Price Prediction: Bulls Eye $0.40 Breakout as Pennant Pattern Forms
Sei crypto is consolidating in a bullish pennant formation, signaling the possibility of a continuation move higher after recent gains.
Analysts note that the token has consistently posted higher lows since its recovery from the $0.18 range earlier this year, with price action now compressing between converging trendlines.
This structure typically precedes expansion, suggesting the token may soon attempt a decisive breakout toward key resistance levels.
Pennant Formation Highlights Accumulation
On the SEI/USDT chart, the pennant is forming just above a solid horizontal support near $0.28, adding strength to the bullish setup. The pattern reflects a tightening balance between buyers and sellers, where momentum often shifts in favor of…
