- $SEI perfectly retests December opening candle, printing rare weekly bullish RSI divergence.
- Analyst Ali Martinez eyes $0.142 resistance; clear it and a fast 20% rally to $0.164 unlocks.
- $0.130–$0.135 zone flips to macro support as momentum builds into year-end.
Sei Network’s native token $SEI is delivering one of the sharpest technical setups in the Layer-1 space right now, and prominent analyst Ali Martinez just stamped it with a high-conviction December target. In a December 3 update, Martinez pointed out that $SEI has wicked straight back to its exact December opening price — a historically significant retest that has preceded major bullish continuations across multiple assets. More crucially, the weekly chart now shows a textbook bullish RSI divergence: price carved lower lows while RSI formed higher lows, signaling fading bearish momentum and the classic precursor to explosive upside.
“Now that we nailed the move up to December’s open, I’m watching for $SEI to break $0.142. Clear that level, and a 20% move to $0.164 opens up,” Martinez stated. The $0.142 zone aligns with a multi-month descending trendline that has capped rallies since mid-2025. A weekly close above it would invalidate the entire bearish structure and flip the level into strong support.
As of writing, $SEI trades at $0.1385, up 8.4% over the past 24 hours with volume swelling past $148 million. The critical $0.130–$0.135 demand zone — previously resistance — has now been reclaimed and defended, reinforcing the structural shift. On-chain metrics back the bullish narrative: exchange balances continue declining, staking participation sits above 58%, and Sei’s parallelized EVM remains the fastest executing Layer-1, processing up to 28,300 TPS during stress tests.
Risks are straightforward. A broader altcoin correction tied to Bitcoin’s consolidation could drag $SEI lower, and $0.142 has rejected price three times since August. Yet the confluence of the monthly open retest, weekly bullish divergence, and shrinking available supply creates one of the cleanest risk/reward setups in the mid-cap L1 segment. For traders, the play is simple: risk below $0.130, target $0.164+ on a confirmed breakout. Sei has all the ingredients for a classic December breakout — $0.142 is the trigger.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
