SEI Could Hit $1.26, Says Trader Watching $0.36 Breakout
- Crypto trader Sei Intern recently laid out a structured trading plan for $SEI, stressing the importance of patience and gradual accumulation. “Patience pays in setups like this,” they noted, showing confidence despite the current choppy conditions.
- The chart shows SEI building an accumulation base with higher lows and a classic A-B-C correction pattern. The analyst sees strong support forming between $0.24 and $0.19 — their main buy zone where they’ve already started scaling in.
- Risk management is straightforward: if price drops below $0.26, the setup’s invalidated and they’re out. No second-guessing.
- The key level to watch is $0.36. A clean break above that could spark the next leg up. From there, the trader has mapped out five take-profit targets: $0.43, $0.54, $0.70, $0.91, and finally $1.26.
- The chart reveals rounded bottoms and multiple trendline retests — signs that buyers are quietly absorbing supply at lower levels. The pattern suggests a potential shift from bearish pressure to reaccumulation, possibly setting up for a mid-term rally.
- “The structure is still clean — it just needs time to play out,” they concluded. If momentum confirms, SEI could transition from consolidation into a sustained uptrend, validating the $1+ targets.
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