Sei bulls aim for $0.50 – the essential support level at $0.28 must remain intact

SEI bulls are eyeing a price target of $0.50, requiring robust support at $0.28. Analysts forecast a possible dip to $0.28 before a 66% surge to $0.50. If SEI fails to maintain this support, the next level is projected at $0.24.

Despite recent selling pressure, SEI shows a substantial rise in daily active addresses, nearing 1 million. The unlocked SEI amounting to $18.42 million adds to market volatility, with another $17.76 million scheduled for unlocking in mid-October.