The SEI coin price is hovering near its lowest range of the year as top analysts point to a possible reversal. At press time, SEI price traded around $0.18, down 5% on the day and over 54% year-to-date, with sentiment subdued ahead of a scheduled $17.5 million token unlock on November 15.
Token Unlock Pressure Meets Apathy
The upcoming supply unlock, representing 1.11% of circulating tokens and roughly 1.81% of SEI’s $1.13 billion market cap, appears to add fresh volatility to the token’s short-term outlook.
Historical data shows SEI dropped 5.35% around its last major unlock in July 2025, and with prices already down nearly 22% over the past 30 days, traders appear to be front-running potential dilution.
Still, contrarian investors see opportunity in the exhaustion. As daily volumes thin and interest fades, SEI’s structure resembles a base-building phase rather than a breakdown, according to several technical analysts.
SEI Price Tests Bottom as Traders Eye 400% Upside
Crypto trader Michaël van de Poppe believes SEI’s current range mirrors its previous accumulation zone that preceded a 2x rally earlier this year.
“When nobody is interested in an asset, that’s the moment to become interested,” he wrote on X (formerly Twitter), noting that SEI at these levels “could be a good decision.”
Van de Poppe’s chart identifies a support band between $0.17 and $0.19 and a potential target zone near $0.35–$0.40, representing a modest recovery from its March 2024 all-time high of $1.14.
Meanwhile, on-chain analyst Ali Martinez (@ali_charts) has posted a more bullish SEI price forecast. The popular chartist predicts that SEI “may be” forming a double bottom pattern on the 3-day chart, which could signal a potential bullish reversal.
If confirmed, this pattern could lead to a breakout toward $0.70, representing a 400% increase from current levels.
That said, token unlocks and overall liquidity trends in the altcoin market will influence short-term sentiment. If the market absorbs the new supply without significant sell pressure, SEI crypto could find room for a rebound.
On the other hand, a drop below $0.17 might invalidate the bullish patterns forming on higher timeframes.
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