• SEI shows resilience with a 24-hour price gain.
• Trading volume has surged sharply since September 2024.
• Price defends crucial support, signaling bullish continuation.
• Community sentiment remains strongly tilted toward the upside.

Sei continues to show resilience as its price edges higher despite broader market caution. Over the last 24 hours, the token advanced by 3.78%. This recovery contrasts with its 3.71% loss from the previous week.

At the time of writing, SEI is trading at $0.2802, supported by a rising trading volume of $90.02 million. This surge marks a 23.94% increase within a single day, while its market capitalization holds steady at $1.71 billion.

The recent growth signals improved investor activity and reflects increasing interest in the project after a period of sluggish movement. Stronger liquidity often lies at the foundation of sustained volatility, a key driver of sharper market moves.

Also Read: SEI Price Eyes $0.75 Target While Testing Crucial $0.28 Support

SEI Trading Activity Surges Since September 2024

One of the most notable developments has been the dramatic rise in trading activity. Since September 2024, SEI’s trading volume has surged by 250%. This leap signals renewed participation from both retail and institutional traders. The increased volume often highlights accumulation phases where investors reposition for possible breakouts.

This rapid expansion in activity also mirrors growing market confidence in SEI’s price trajectory. The rebound from major support zones further strengthens the view that traders are willing to defend critical levels, paving the way for upward momentum.

Key Levels Shape the Next Price Target

SEI recently bounced from the $0.2720 support, a level that has repeatedly held strong under pressure. The current price near $0.2804 now faces resistance at $0.2900. A breakout above this zone could push the token toward $0.3100, a level that previously attracted selling pressure.

According to crypto analyst Ali, if bulls breach $0.31, the next target would be that $0.34–$0.35 zone. This is the upper limit of the channel, still being the short- to medium-term most important bullish target. On the other hand, a daily close below $0.2720 would push the price downwards, even breaking $0.25, making the positive structure weaker.

Sentiment Remains Strongly Bullish

Community polls highlight increasing optimism regarding the future direction of SEI. The chart of community sentiment shows a very strong bull bias. From the votes of 95.2K, a whopping 84% expressed optimism about gains ahead, showing firm optimism amongst investors and traders. This reveals that sentiment is strongly geared up on the expectation of growth.

As little as 16% expect a bearish turn, indicating that bearish expectations continue as the minority opinion. At the moment, sentiment leans unbally decisively to growth, to support the cause for a continuation bull run through the coming sessions.

Also Read: SEI Price Forecast Signals Critical Support Zone Could Decide Next Move