SEI price prediction: Potential double-bottom suggests $0.70 target

Analysis of SEI’s price action shows potential for a double-bottom pattern. Currently trading around $0.148, the token has displayed support near $0.145 and is forming a broader accumulation range. The key trigger point is the neckline near $0.35, with a breakout expected to propel the price towards a possible target of $0.70 – representing a 400% increase. The pattern aligns with classical double-bottom measurements employed in technical analysis.