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SEI Breaks Out From Massive Falling Wedge as Analyst Targets $1.15 Bullish Move
SEI confirmed a bullish breakout from a year-long falling wedge on weekly charts, supported by a strong pullback retest and momentum shift.
Trading volume surged 265% within 24 hours, reflecting renewed market activity and buyer interest following SEI’s confirmed technical breakout.
Institutional fund launches by BlackRock and Brevan Howard on SEI Network add credibility and strengthen adoption potential for tokenized assets.
SEI has confirmed a breakout from a long-term falling wedge pattern on the weekly chart, signaling a potential bullish reversal. The move coincides with increased trading activity and major institutional fund launches on the SEI Network.
Technical Breakout Confirms Market Momentum Shift
According to Bitcoinsensus, SEI has officially broken out from a massive falling wedge formation, a technical pattern often associated with bullish reversals. The wedge had formed over nearly a year as prices compressed between descending resistance and support lines.
A decisive weekly candle recently confirmed the breakout, shifting momentum in favor of the bulls. This upward move was followed by a textbook pullback retest, where SEI briefly revisited the breakout zone before rebounding. The level now acts as a firm support area, reinforcing the market’s renewed confidence.
This breakout marks the transition from a prolonged consolidation phase to a potential expansion period. Historically, such setups tend to attract new buyers as traders position for continuation moves, while earlier short positions exit the market.
Volume Surge and Measured Move Projection Support the Rally
Following the breakout, SEI recorded a sharp 265% surge in trading volume over the past 24 hours, reflecting renewed investor interest. The increase in volume suggests strong participation behind the breakout, lending further confirmation to the bullish setup.
The next key target for SEI sits near $1.15, based on the measured move projection derived from the wedge’s depth. If price action sustains above the breakout zone, this target remains technically feasible in the short to medium term.
Market participants are now observing whether SEI can maintain its structure above the new support level. A steady performance at this level could indicate a broader trend continuation, supporting optimism for a stronger Q4 performance.
Institutional Fund Launches Add Credibility to SEI Network
Amid this technical breakout, SEI Network has attracted notable institutional attention. Reports confirm that BlackRock and Brevan Howard have launched tokenized funds on the SEI blockchain through Kaio Infrastructure.
This development enhances SEI’s credibility as a platform capable of supporting large-scale financial applications. The entry of globally recognized asset managers underscores growing institutional interest in tokenized assets and blockchain-based fund infrastructure.
The timing of these launches, alongside SEI’s breakout, positions the network at a pivotal moment of technical and fundamental convergence. As adoption accelerates, SEI’s ecosystem may continue to evolve with higher participation and utility across institutional and retail markets.
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