• SEI holds a strong support zone, signaling potential for price recovery.
• CoinShares launches SEI ETP, boosting institutional access and interest.
• The token eyes key resistance targets at $0.3708, $0.4240, and $0.4719.

SEI, the native token of the Sei Network, is showing notable strength even as the broader crypto market remains uncertain. Despite the token’s 8.55% fall in the last 24 hours and 9.18% over the past seven days, market experts highlight strong support levels that could trigger a price recovery.

The token is currently trading at $0.3082 with a 24-hour trading volume of $217.71 million and a market value of $1.74 billion.

Crypto analyst Lennaert Snyder pointed out that the token is currently holding above the crucial $0.31 support level, and that could be the springboard for further upward momentum.

He then outlined three possibilities for the altcoin: the token could continue rising if the $0.31 support holds, briefly dip below it to absorb liquidity before rebounding, or decline toward the lower support level around $0.27.

Also Read: SEI Price Analysis: Ready to Skyrocket Toward $0.49

SEI Price Chart Signals a Bullish Setup

Technical analysis of the SEI shows that a bull structure is forming. The token is currently consolidating sideways, and immediate support is between $0.30 and $0.32. The token will, therefore, target the local resistance of $0.3708 if this support holds, and this will be the springboard for the uptrend.

The token will continue to appreciate if the momentum gains strength; it will target the earlier highs of $0.4240, then test the barrier of $0.4719, the earlier major resistance, before marking the psychological barrier of $0.50.

However, failing to hold the current support would send the token down further to the near support range of $0.25–$0.28, where another bounce is probable. These levels will likely determine the token’s near-term move.

On-Chain Metrics Reflect Cautious Sentiment

Data from Coinglass reveals that investor sentiment around the token is currently cautious. Daily trading volume has dropped by 16.49% to $488.11 million, indicating a slowdown in activity.

Additionally, Open Interest (OI), which tracks the total number of outstanding derivative contracts, has fallen by 10.42% to $282.33 million.

The OI-weighted funding rate sits at just 0.0065%, showing a slightly bullish tilt but no strong directional bias. This behavior suggests many investors are waiting for clearer signals before making large moves.

CoinShares Backs SEI with ETP

CoinShares has introduced the world’s first SEI-based exchange-traded product (ETP) on the SIX Swiss Exchange. Named CoinShares Physical Staked SEI (CSEI), the product offers zero management fees, a 2% staking yield, and 1:1 exposure to SEI tokens.

This launch gives investors easy, regulated access to the token without needing technical expertise. It also reflects growing institutional demand in Europe for trusted and high-performance crypto products.

Despite the recent price drop, the token is showing good support levels and increasing institutional interest. The CoinShares’ SEI ETP release is a vote of confidence in its long-term future, and they believe that the token is accumulating for a strong comeback.

Also Read: SEI Price Breakout: Bullish Momentum Signals Surge Toward $0.50