SEI Price Steadies Above Support As Traders Track Breakout Toward $0.2400

SEI maintains strength above the key support at $0.1961, reinforcing the recovery structure seen this week.

In the short-term, the resistance is still near to the mark of $0.2064 and restricts the further growth until traders can observe the next way out.

Maintaining above the $0.1800 would maintain the attention on a potential progress towards $0.2400, but still resistance limits the profits.

Sei traded higher over the past day as buyers kept the price above an important support zone. The asset was trading at $0.2061 after a 5.1% increase in 24 hours. Its daily performance helped the token maintain gains from recent sessions. Market watchers tracked the $0.1800 level as a key line that held through the recent dip. Price stability encouraged traders to assess the next breakout area

The current situation drew attention because the price has not yet recovered from earlier losses. Fundamentals and on-chain metrics remained strong, according to market commentary. This maintained focus on whether strength above support could sustain the latest move. However, the market still faced resistance barriers nearby. Each level now played a role in shaping short-term direction for the asset.

Support at $0.1961 Anchors Market Stability Amid Consolidation

Trading activity positioned $0.1961 as a critical support. The price respected that level during the week. Buyers defended it while attempting to extend the uptrend. The market also saw a 24-hour range using $0.2064 as resistance

That ceiling limited upside momentum. Still, staying above support gave traders room to monitor further pressure. Volume activity concentrated around recent consolidation zones. This suggested steady engagement. Also, buyers reacted when the price approached lower boundaries. Therefore, many participants continued to watch how long this structure would hold.

Resistance Levels Remain Close to Market

The first major resistance remained at $0.2064. Price movements slowed each time it neared that point. A clear break above resistance could open range expansion. The $0.2400 zone drew attention because traders referenced it as the next upside area

Yet, sellers continued to challenge progress. Additionally, previous declines still influenced sentiment. Market structure on several timeframes showed attempts to climb, yet each step needed confirmation. The reaction near resistance would shape expectations for upcoming sessions.

Outlook Linked to Price Retaking Higher Levels

Short-term observations remained tied to whether Sei stayed above $0.1800. That threshold supported the current recovery path. If the market maintained strength over support, analysts tracked the possibility of movement toward $0.2400

However, continued interaction with overhead resistance required careful monitoring. The asset still traded below past highs after the earlier large decline. Traders therefore focused on technical markers. The next sessions could reveal whether momentum kept building or slowed near the same resistance lines.