The rally comes as technical analysts highlight a potential rebound forming on SEI’s three-day chart.
According to market analyst Ali, SEI has once again tested its 50-day simple moving average (SMA). The last time the token bounced from this level, it went on to record an impressive 120% rally. If history repeats, a new wave of bullish momentum could be underway.
The uptick in price has lifted SEI’s market capitalization to $1.81 billion, with 24-hour trading volume climbing over 27% to $162 million. Its fully diluted valuation (FDV) now stands at $2.96 billion.
Momentum around Sei has been gradually building over recent weeks, supported by renewed interest in altcoins across the market. With SEI currently hovering near a critical support zone, traders are watching closely to see if the breakout will extend further or face resistance.
For now, the combination of stronger trading activity and bullish technical signals has placed Sei back in the spotlight, raising expectations of a possible larger rally if buyers maintain control.
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