- •Renowned trader Ali Martinez flags $SEI’s chart as “still early” for accumulation, with a clean breakout setup signaling 200% upside to $15.
- •Current price hovers around $0.28, testing multi-month support amid broader market volatility, but volume spikes hint at incoming momentum.
- •Sei’s layer-1 architecture, optimized for trading, could capture DeFi inflows as Ethereum fees climb, amplifying $SEI’s growth potential.
In the ever‑volatile crypto arena, where fortunes flip faster than a memecoin pump, few setups scream “opportunity” like the one unfolding for Sei Network’s native token, $SEI. Crypto chart wizard Ali Martinez, known on X as @AliCharts, dropped a bombshell analysis this week: “Still early to load $SEI. Breakout setup points to $15, a 200% move.” Accompanying the post was a TradingView chart that paints a textbook bullish narrative, and with $SEI trading at a modest $0.28 as of October 3, 2025, this could be the stealth entry savvy traders have been waiting for.
Let’s dissect the chart. From September 2023 lows, $SEI carved out a multi‑year ascending triangle, with the upper resistance hugging the $0.35 mark – a level that’s rejected price action thrice but with diminishing volume each time. The lower trendline, drawn from the post‑FTX crash bottom, holds firm around $0.20, providing a rock‑solid floor. Martinez’s projection? A decisive close above $0.35 catapults us toward $15, measured by the triangle’s pole height added to the breakout point. That’s not hyperbole; it’s Fibonacci‑backed geometry, with the 1.618 extension aligning perfectly at that lofty target. At current levels, a 200% move implies explosive compounding – think $0.28 to $0.84 short‑term, but the full chart symphony suggests much more if altseason ignites.
What fuels this fire? Sei Network isn’t just another L1 contender; it’s engineered for speed demons. Boasting sub‑second finality and parallel execution, Sei targets the trading niche dominated by centralized exchanges. In a world where DeFi volumes hit $100B monthly yet lag on UX, Sei’s EVM compatibility and native orderbook (hello, Twin Turbo consensus) position it as the go‑to for DEX aggregators and perps platforms. Recent integrations with Cosmos IBC have unlocked cross‑chain liquidity, while partnerships like Astroport’s expansion bolster TVL, now north of $200M. As Bitcoin stabilizes post‑halving and Ethereum’s Dencun upgrade squeezes layer‑2 margins, capital rotation into specialized chains like Sei feels inevitable.
Of course, no setup is risk‑free. Macro headwinds – Fed rate stubbornness or regulatory whiplash – could delay the breakout, and $SEI’s 70% drawdown from 2024 highs reminds us of beta exposure. Yet, with RSI coiling at 45 (neutral, not overbought) and MACD histogram flipping positive, the technicals align with on‑chain metrics: active addresses up 15% WoW, per SeiScan data.
Martinez’s call echoes a broader altcoin renaissance vibe. If $SEI cracks $0.35 on volume, it won’t just be a trade – it’ll be a thesis validator for performance‑focused blockchains. For dip‑buyers, the window’s ajar. Load up? Your portfolio, your call. But in crypto, “still early” is code for “don’t sleep.”
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.