Sei (SEI) Shows Promise as Bullish Rebound Appears Possible

The cryptocurrency market began 2025 under immense pressure. Ethereum suffered its worst first quarter in history, dropping 45% and negatively impacting the entire altcoin sector. However, a recent development offers hope for recovery. President Trump’s surprising announcement of a 90-day tariff pause has invigorated global markets, with cryptocurrencies starting to feel the effects. One promising sign is Sei (SEI), which has seen a rebound this week after holding up at a critical support level. Could this be the start of a comeback following a 54% year-to-date decline? [Source: Coinmarketcap] SEI Shows Early Signs of Recovery SEI has been on a downward trajectory since reaching $0.90 in March 2024. This consistent decline has formed a textbook falling wedge pattern – often associated with bullish reversals – and last week, SEI touched key support near $0.13. This prompted a notable rebound to $0.1786, indicating renewed buying interest at these levels. Potential for Upside The weekly chart shows SEI remains trapped within the falling wedge, but recent action has brought it closer to the upper resistance line. A breakout from this wedge could be a game-changer, potentially leading to a 110% rally and reaching $0.40. Additionally, a positive shift in the MACD is starting to appear on the weekly timeframe. **Technical Crossroads** SEI currently faces a critical technical crossroads. If it maintains bullish momentum and breaks out of the falling wedge, this could signal a major trend reversal for the token. Investors and traders should closely monitor volume and confirmation above resistance before making any investment decisions. On the other hand, if the breakout fails, SEI might revisit its support zone. However, technical analysis suggests that the tide may be turning. **Disclaimer:** This article is intended for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.