The classic “buy the rumor, sell the news” event struck again. Despite the major bullish catalyst of a Robinhood listing, the Sei price slipped 4% in the past 24 hours.
The token initially rallied 15% in the lead-up to the announcement but plunged 7% post-launch. This pullback wasn’t isolated; a hawkish Fed spooked the entire market, triggering a $640 million liquidation event. However, technical analysis now suggests this dip could be a prime buying opportunity.
Macro Pressure Crushes Short-Term Optimism
Sei’s slump mirrors a broader market retreat. Concerns over delayed Fed rate cuts ignited a risk-off sentiment, vaporizing $200 billion in total market cap. Bitcoin tumbled below $110,000, and Ethereum broke under $3,900, creating a powerful bearish tide that swept up most altcoins. Consequently, Sei now trades just below $0.20, testing a critical support level. This is a clear case of macro forces overpowering a positive project-specific development.
The Robinhood Listing: A Long-Term Game Changer
Don’t mistake the short-term price action for a failed listing. The Robinhood integration is a monumental step for Sei, exposing the token to over 25 million users and a platform managing $200 billion in assets. While the immediate “sell the news” reaction was predictable, this accessibility lays the foundation for massive long-term growth. Once the broader market stabilizes, this built-in demand funnel can propel Sei to new heights.
A Bullish Sei Price Prediction Emerges
Now for the alpha. Prominent analyst Ali Charts has identified a compelling bullish setup. The TD Sequential indicator has flashed a buy signal on Sei’s chart. The key for this Sei price prediction is the $0.19 support level. If bulls defend this zone, Ali suggests a powerful rebound toward $0.31 is likely. The RSI hovering near 36 also indicates the asset is oversold, adding credence to a potential bounce. The path is clear: hold $0.19 and rally.
My Thoughts
This is a classic shakeout. Weak hands are getting flushed out by macro fears, but the fundamental story for Sei has dramatically improved. The Robinhood listing is a tier-1 achievement. For savvy traders, this dip to support, coupled with a bullish technical signal, presents a high-risk, high-reward entry point for a swing trade toward $0.31.