Analysts Report SEI May Be Forming a Double Bottom Pattern Targeting a 400% Move Toward $0.70

SEI may form a double bottom, signaling a possible 400% surge toward the $0.70 level.

A breakout above the $0.34 neckline could confirm a bullish reversal and trigger a major upside move.

Strong support, rising volume, and accumulation hint at renewed investor confidence in SEI.

The Sei (SEI) token is showing renewed technical strength after months of consolidation. Recent trading data indicate that SEI is possibly creating a double bottom, which according to the analysts could potentially result in an upward movement of close to 400% up to the price mark of $0.70 provided a breakout occurs above the resistance.

SEI Shows Recovery Signs After Extended Decline

According to analysis prepared by Ali Charts, SEI’s price movement from late 2024 through early 2026 shows a clear pattern of two rounded bottoms. The first bottom formed in April 2025 near $0.12, while the second developed in November 2025 around $0.16. The neckline of this structure aligns with the $0.34 resistance zone.

If SEI breaks this neckline, technical projections suggest a potential rise toward $0.65–$0.70. This projection is derived by measuring the depth between the bottoms and the neckline and applying it above the breakout point. As of the latest update, SEI trades near $0.174, showing early upward momentum within a stable support range between $0.17 and $0.19.

Source: CoinMarketCap

Trading data from CoinMarketCap shows SEI recording a 14.35% weekly gain, with a market capitalization of $1.13 billion and a 24-hour trading volume of $113.8 million. This activity suggests that the market will continue to show strong participation despite the moderately changing levels of the trading volumes, following the recent gains.

Analysts Observe Potential Upside Toward $0.70

According to an observation by Michael van de Poppe, SEI’s current levels mirror previous accumulation zones that preceded a rally of more than 2x. He stated, “It remains the same, but SEI at these levels was interesting during the previous period. This time, nothing is different.”

Source: MichaelvandePoppe(X)

The weekly chart represents a further decline response to its high of 2024 of more than $1.20 to the current value of about $0.18. However, the price has found stability within a green support band, suggesting accumulation

Technical indicators, including RSI readings below the midpoint and declining moving averages, imply an extended consolidation phase. In case SEI continues to hold higher lows and exceeds $0.34, there may arise resistance points of around $0.50 and $0.70. Analysts believe the double bottom setup remains the primary formation guiding current expectations for SEI’s potential breakout.

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