SEI Price at Crucial Falling Wedge Test as Staked SEI ETF Filing Draws Attention
SEI has seen a sharp recovery from its August 2026 low of $0.03824, reaching $0.08010 and exceeding a 100% gain.
This resurgence comes as the broader crypto market gains momentum, potentially bolstering SEI's move.
However, SEI is now testing the upper edge of a long-term falling wedge, which could lead to a rejection back toward $0.03824 or a clean breakout opening targets at $0.10 and $0.18.
The introduction of a Staked SEI ETF filing by REXShares and Osprey Funds with the SEC may also boost adoption, funding, and token demand across various crypto channels.