SEI price has staged a sharp recovery from its August 2026 all-time low of $0.03824, reaching $0.08010 as the broader crypto market regained momentum. That’s a recovery of more than 100%, and another wave of bullish demand across major altcoins could potentially strengthen SEI’s move.
SEI Price Faces A Crucial Falling Wedge Test
Now comes the awkward part. SEI is testing the upper edge of a falling wedge that has acted as long-term dynamic resistance.
That leaves two clear scenarios. If selling pressure rejects the current move, SEI could retreat toward the August low near $0.03824. If price breaks through the resistance, however, the move could signal a shift in momentum, with $0.10 becoming an important recovery level and $0.18 emerging as another potential target.
Nothing is guaranteed here. The resistance has mattered before, so a clean breakout would be the key piece of evidence traders are watching.
Staked SEI ETF Filing Adds Fresh Attention
Meanwhile, REXShares and Osprey Funds have updated their Staked SEI ETF filing with the SEC, setting October 23 as the effective date.
The proposed product would provide spot SEI exposure with staking. The filing was made alongside proposals involving NEAR, HYPE, SUI, AVAX and other crypto assets.
That adds another development to an already interesting setup. Still, the price chart has a hurdle to clear first.
Can SEI Break Higher Or Face Another Rejection?
For SEI price, the immediate battle remains around the falling wedge’s upper boundary. A rejection could expose the token to another substantial pullback, while a breakout could open the door toward $0.10 and potentially $0.18.
After doubling from its August low, SEI price has momentum. Whether it can turn that momentum into a sustained breakout depends heavily on what happens at resistance.