SEI at $0.35 is the next big battle SEI has succe

SEI has successfully broken out of its descending channel after several months of bearish structure. It hovered around $0.3039, inching closer to the next key resistance at $0.3508. 

At press time, RSI read 67.89, so that means it is bullish but not yet overbought. That gives bulls some breathing room, especially if volume follows through.

Still, failure to breach $0.35 could lead to price compression or a retest of the breakout zone.

Ultimately, SEI’s breakout is backed by a strong rise in user activity, speculative interest, and positive sentiment. 

However, the lingering negative funding rates and key resistance at $0.35 introduce short-term risk. If bulls maintain momentum and break past this level, SEI could enter a fresh price discovery phase.