SEI trades near $0.3285 while $0.31 remains the pivotal level that could decide the next major price move. Fibonacci zones highlight resistance at $0.36 and $0.41 with a key extension target pointing upward toward $0.44. The symmetrical triangle setup shows narrowing price action that often results in explosive breakouts toward higher targets. SEI (USDT pair on Binance) trades at $0.3285 after a minor dip of 0.43%. Analysts suggest a possible buy-the-dip chance at $0.31 before a potential rally toward $0.44, based on chart structure and breakout targets. $SEI at $0.31 will be a buy-the-dip opportunity before an explosive breakout to $0.44! pic.twitter.com/ro5HcpG8qR — Ali (@ali_charts) August 18, 2025 Symmetrical Triangle Structure and Key Levels The four-hour chart shows SEI consolidating within a symmetrical triangle pattern. This formation often precedes strong breakouts once price compresses. The structure is visible as lower highs meet higher lows, gradually narrowing the range. At present, SEI fluctuates between $0.32 and $0.34, with traders watching the $0.31 area as critical support. A breakdown under this level could invalidate bullish projections, but holding above strengthens the probability of an upward surge. Fibonacci retracement zones highlight key resistance levels. The 0.618 mark near $0.36 remains a pivotal level to overcome. Should buyers reclaim this point, momentum could push toward $0.39 and $0.41, followed by the breakout projection of $0.44. Market Sentiment and Investor Reaction Investor discussions show increasing optimism around SEI’s setup. Several traders note that the token’s price compression resembles structures preceding earlier explosive moves. Online communities continue to highlight $0.31 as the smart accumulation level before the anticipated rally. A breakout above $0.36 could invite additional buying pressure. This may accelerate momentum, particularly as traders seek confirmation of a bullish reversal. Resistance around $0.41 remains another focal point, with the Fibonacci extension at $0.44 marking the primary target. Meanwhile, the downside scenario remains important for cautious traders. Should SEI breach $0.31 decisively, it risks sliding toward $0.29 and $0.27 support zones. Such a drop would shift sentiment and delay any bullish resolution. The Central Question The market now faces one pressing question: will SEI defend $0.31 to fuel a rally toward $0.44, or lose momentum below? Price action will likely decide within days as the symmetrical triangle reaches its apex. Historically, such patterns result in sharp directional moves once the price escapes compression. The outcome depends on whether bulls or bears control volume at the key pivot levels. Fibonacci extension levels project potential upside beyond $0.44, with $0.47 and $0.49 offering secondary targets if momentum persists. This suggests that successful defense of the $0.31 floor could unlock substantial upside. Conversely, a decisive drop under $0.31 risks triggering cascading sell orders. That would create a breakdown scenario toward $0.27, testing investor conviction in the token’s long-term trajectory. The balance between these two paths makes $0.31 the defining price level for SEI’s immediate future. Traders now monitor the chart closely to see whether consolidation resolves in favor of the bulls.
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