Is Sei (SEI) Price Set to Surge Higher in the Next Few Hours ?

A Bearish Harmonic Pattern Concealing a Bullish Momentum

SEI has extended its rally, recording a 48% gain this month. Beyond price movement, the technical analysis of SEI reveals the formation of a harmonic pattern. This pattern suggests new opportunities for upward movement in the coming sessions.

On the daily chart, SEI is currently forming a harmonic pattern known as a “Bearish Bat.” Despite its name suggesting downward momentum, this type of formation often results in strong bullish movements. This is particularly true during the final “CD” phase, which is the most powerful segment of the pattern.

SEI’s harmonic pattern began at point X near $0.4804, before dropping to point A, bouncing toward point B, then correcting to point C near $0.1583. Since this low, SEI has initiated a robust rebound and is currently trading around $0.3478, steadily progressing along the CD leg toward its projected D point.

This CD phase is typically where bullish momentum accelerates. SEI’s current trend therefore suggests that the next rally could be significant.

Upside Potential of 38%

If the harmonic pattern unfolds as expected, SEI could target the Potential Reversal Zone (PRZ) between $0.44 and $0.48. These levels correspond to 0.886 and 1.0 Fibonacci extensions, which are standard completion points for this type of pattern. Such a development would represent an upside potential of 38% from SEI’s current price.

Although short-term corrections cannot be ruled out, SEI’s overall structure remains bullish as long as it trades above its 200-day moving average, currently around $0.2743. In a crypto market context that’s in an upward phase and with SEI’s particularly promising technical configuration, the upcoming sessions will be decisive for the continuation of this momentum.

How to Buy SEI on Bitget

Want to invest in SEI through Bitget ? Follow these steps to complete your purchase with ease :

1. Sign up on Bitget with your email address, then complete the KYC verification to access all the platform’s features.
2. Fund your account by making a deposit via credit card, bank transfer, or by transferring cryptocurrencies from another exchange.
3. Search for the SEI/USDT pair in the Spot or Futures section, depending on your preferred trading style.
4. Place your buy order by choosing the method that suits your strategy: market order, limit order, or futures contract.
5. Confirm the transaction, and your SEI will be visible directly in your Bitget wallet.

Before diving in, take time to analyze the market to adopt a strategy that aligns with your objectives.

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