Indicator Signals “Buy” Again for SEI Price Despite Double-Digit Spike

SEI price has been on the move, jumping more than 12% in just a single day. That kind of swing usually raises the question of whether it’s already too late to enter. Interestingly, a key indicator has just flashed “buy” again, suggesting there may still be room for the rally to continue.

Popular market watcher Ali summed it up clearly on X, posting: “Another buy signal just flashed for $SEI! This could be the last chance.” His chart showed how SEI had been on a steady decline, but after hitting a recent low, the indicator turned bullish right before the price spike.

@ali_charts / X

The signal itself points to a potential shift in momentum, hinting that the bounce could be more than a short-term relief rally. For many traders, that’s a green light to watch closely.

What the Daily Chart Says About SEI Price

While the buy signal has sparked excitement, the broader daily chart tells a more cautious story. SEI price is still trading inside a tightening triangle pattern, where the highs are gradually coming down and the lows are slowly rising.

SEI Price Chart

This type of setup often acts like a coiled spring. Price builds pressure until it finally breaks out in one direction. For SEI, the upper resistance line has capped moves near $0.38, while the rising support has kept price above $0.24. Right now, SEI is hovering in the middle of this zone, around $0.32.

Read Also: Hedera (HBAR) Short-Term Price Forecast for September

Until the token makes a decisive move outside of this triangle, the buy signal may only carry so much weight. A clean breakout above resistance would confirm that SEI has the strength to push higher, while a drop below support would suggest the opposite.

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