SEI Fights for Breakout Amid Falling Wedge Resistance

SEI has made a significant recovery from its August low of $0.03824, rising over 100% to $0.08010 as the broader crypto market regains momentum.

The token is now testing the upper edge of a falling wedge that has acted as long-term dynamic resistance for SEI.

If selling pressure rejects the current move, SEI could retreat toward the August low near $0.03824, but if price breaks through the resistance, it could signal a shift in momentum with $0.10 becoming an important recovery level and $0.18 emerging as another potential target.