SEI Completes Inverse Head and Shoulders and Golden Cross Signals Bullish Reversal Toward $0.65

SEI, the native token of the Sui blockchain, has recently displayed two strong technical indicators—inverse head and shoulders and a golden cross—suggesting a potential reversal in its price trend. These signals have drawn attention from traders and analysts, who are now looking for a possible move toward $0.65 [1]. On the daily chart, SEI has formed a textbook inverse head and shoulders pattern, with the left shoulder forming in early trading this year, followed by a head in April and a right shoulder in May. The neckline breakout in June confirmed the pattern and shifted market sentiment in favor of buyers [1].

The confirmation of the inverse head and shoulders is particularly significant because it marks the end of a bearish cycle and lays the foundation for an upward trend. Since the breakout, SEI has maintained higher lows and stronger closing prices, consolidating the reversal. Crypto Target (@cryptotarget11) highlighted this development, stating that SEI is “completing a textbook reversal,” referencing the inverse head and shoulders formation, which aligns with historical bullish outcomes [1].

In addition to the chart pattern, SEI has also experienced a golden cross, where the 50-day exponential moving average (EMA50) crossed above the 100-day exponential moving average (EMA100). This crossover is widely regarded as a sign of bullish momentum and often signals the start of an uptrend. For SEI, this golden cross has added further confirmation to the reversal narrative, reinforcing the idea that buyers are now in control of the short- and medium-term trend [1]. The EMA50 has remained above the EMA100, maintaining the bullish bias.

Following the neckline breakout, SEI entered a consolidation phase during July and August, which has allowed stronger hands to accumulate and weaker hands to exit. This accumulation zone has provided the necessary stability for the uptrend to continue without premature exhaustion. During this period, SEI has respected key moving averages, maintaining the integrity of its bullish structure [1]. Analysts believe that this consolidation is a precursor to further upward movement, with $0.65 being a realistic target if the trend continues.

As of the latest available data, SEI trades at $0.3227, having gained 1.42% in the past 24 hours despite a weekly decline of 2.86%. While short-term volatility remains a factor, the combination of a completed inverse head and shoulders pattern and a golden cross provides a strong case for optimism. Analysts, including Crypto Target, believe the road to $0.65 is viable and that continued bullish momentum could lead to even greater gains [1].

Source: [1] SEI Price Analysis: Inverse Head and Shoulders and Golden Cross Signal Road to $0.65 (https://coinmarketcap.com/community/articles/68a0ba0fce965a02519f2aa4/)