SEI to Test Key Resistance at $0.128 Ahead of Potential Bullish Move

LiveBTCNews
SEI3,71%
BTC0,14%

SEI shows bullish reversal, targeting key resistance at $0.128 with potential for gains up to $0.136. Watch for price action.

SEI has recently shown signs of a bullish reversal, breaking key market structures and grabbing liquidity.

The price has been hovering around a key support level of $0.1169, which traders are closely monitoring.

If the price can hold this level, the asset could potentially push toward higher resistance targets. As the market sentiment shifts, SEI could be on the cusp of a significant price move in the coming days.

SEI Shows Bullish Reversal After Grabbing Liquidity

SEI’s price action has been showing a reversal pattern after successfully grabbing liquidity and breaking previous market structures.

The price has bounced back after hitting the $0.1169 low, which many consider a crucial support level. The recent price movement suggests that the buyers are actively defending this area, signaling strength.

By mitigating the liquidity pool twice, SEI appears to be setting up for further upside potential.

Traders are focusing on this low as the point to hold in order to maintain a bullish outlook. A successful break above the current resistance levels could pave the way for more gains in the short term.

Resistance Levels and Targets for SEI

SEI is approaching a critical resistance zone at $0.128, which has previously shown to be a strong hurdle.

This level is key, as a break above it could lead to further gains, with the next target set at $0.136.

Many traders are watching closely for how the price reacts to this resistance zone in the coming days.

$SEI grabbed liquidity and shows a bullish reversal.

Like mentioned in previous analysis’, we now mitigated the liquidity pool twice and broke market structure.

This means that holding the ~$0.1169 low is preferable here, and looking for longs is legit.

My final target will be… pic.twitter.com/nJmNDPxW90

— Lennaert Snyder (@LennaertSnyder) January 18, 2026

If the price fails to break above $0.128, there might be a pullback, with traders reassessing their positions.

However, if SEI can sustain above this level, it could trigger a rally, driving the price toward the next key targets.

The ability to break through $0.128 would be seen as a strong signal for the asset’s next move.

**_Related Reading:  _**SEI Rebounds from $0.117: Can It Push Toward $0.136? Here’s What to Watch

Caution and Risk Management for Altcoin Traders

As always with altcoins, caution is essential due to their volatility. While the setup for SEI looks promising, market conditions can change quickly.

A potential bearish trend in Bitcoin could influence altcoin movements, making risk management crucial for traders.

It is advisable for traders to use stop-loss orders to protect against unexpected price swings. Giving the stop-loss some breathing room can help avoid being stopped out due to minor fluctuations.

If Bitcoin shows bullish signs, SEI and other altcoins may continue their upward movement.

In the next few days, SEI price action will be key in determining its future direction. If it holds support at $0.1169 and breaks through $0.128, the asset could be poised for more gains.

However, market conditions remain unpredictable, so traders should remain cautious and flexible.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Chainlink Holds Near $9 as Traders Eye Break Above Key Levels

Key Insights: Chainlink holds near $9.13 as positive funding rates show bullish sentiment, yet declining open interest signals reduced trader participation and weaker conviction. Price remains below major moving averages, with resistance between $9.16 and $9.26 limiting upside despite

CryptoNewsLand5m ago

Chainlink Price Compresses Below $10 as Breakout Pressure Builds

Key Insights Chainlink maintains higher lows within a tightening range, reflecting steady accumulation as buyers absorb selling pressure and prepare for a potential breakout move Repeated resistance tests near $10 weaken supply levels while rising support strengthens demand, increasing the p

CryptoNewsLand10m ago

Bhutan Sells $18.46M Bitcoin as Price Nears $74k Resistance

The Royal Government of Bhutan transferred approximately 250 BTC worth $18.46 million in the past 24 hours, according to on-chain data from Arkham, continuing a broader pattern of reduced Bitcoin holdings. The transfers included 162 BTC and 69.7 BTC sent to new wallet addresses within a short

CryptoFrontier48m ago

PEPE Holds Key Range as $0.000005 Breakout Comes Into Focus

Key Insights: PEPE trades in consolidation with neutral RSI and bearish MACD, signaling a potential buildup before a decisive directional move in coming sessions. Analysts highlight a $0.000005 breakout level, representing nearly 50% upside if momentum shifts and buying volume strengthens

CryptoNewsLand1h ago

XRP Consolidation Signals Reset as Bullish Setup Emerges

XRP has recently rebounded to $1.39 after trading between $1.20 and $1.40 due to improved market sentiment. A significant drop in futures open interest reflects reduced speculation, while technical indicators suggest a potential bullish breakout, targeting $1.50 and possibly $1.80.

CryptoNewsLand1h ago

World Liberty Financial Proposes Restructured Vesting for 62.28B WLFI Tokens With Up to 4.52B Burn

World Liberty Financial proposed a governance restructuring affecting 62.28 billion WLFI tokens, including a potential burn of up to 4.52 billion tokens for eligible holders. The plan aims to align governance participation over two years, amid concerns about token unlocks and governance transparency.

GateNews1h ago
Comment
0/400
No comments