The SEI token is making waves with aย 50% price surgeย this week, hittingย $0.29ย โ its highest level in four months. This rally comes as network activity triples, but can it finally break theย 5-month Death Crossย that’s been weighing on the altcoin?

What’s Driving SEI’s Rally?
๐ Transaction volume tripled in 3 months (1.6M daily)
๐ Growing ecosystem adoption attracting investors
๐ 50-day EMA rising toward potential Golden Cross
Key Price Levels to Watch
โ
Resistance: $0.30 (break could target $0.35)
โ
Support: $0.27 (must hold to maintain momentum)
โ ๏ธ Risk: Drop below $0.24 would invalidate bullish case

The Death Cross Dilemma

- 5-month downtrendย pattern since January
- 200EMA > 50EMAย showing long-term bearish pressure
- Potential reversalย if 50EMA crosses above 200EMA