SEI Token Shows SUI-Like Chart Pattern Suggesting Potential 1,300% Rally

A recent analysis by respected crypto market observer Ali (@ali_charts) suggests that the SEI token may be on the verge of a significant price breakout, following a similar chart pattern observed in SUI before its dramatic 2024 rally [1]. In a post on X, Ali compared the current price action of SEI to SUI’s consolidation phase and subsequent explosive move, noting striking similarities in Fibonacci retracement levels and bottom formation. SEI is currently trading around $0.28 — the same level where SUI sat before surging to over $5, a 14x gain representing a 1,300% increase [1].

The analyst emphasized that SEI’s price behavior mirrors SUI’s pre-rally phase, with both tokens forming nearly identical chart structures. If the pattern holds, SEI could soon break through key resistance levels at $0.38, $0.49, and $0.68, potentially moving through milestones such as $1.05, $1.83, and even $3.65 on the way to the $4 target [1]. According to Ali, the current dip may not indicate weakness, but rather a final consolidation before a strong reversal.

Ali’s analysis has drawn attention due to his history of identifying early fractal patterns in other crypto assets. His observations have generated growing interest in SEI, particularly among traders who are watching closely for signs of a trend shift. While a move from $0.28 to $4 is not guaranteed, the structural similarities suggest a compelling case for further upward potential [1].

The comparison highlights how SUI’s breakout was preceded by a prolonged period of sideways movement, followed by a sharp rise that caught many traders off guard. Ali notes that SUI was also met with skepticism at a similar stage, yet delivered substantial returns. If SEI follows the same path, the current price zone could be the final opportunity for accumulation before a broader bullish trend emerges [1].

For traders, a 1,300% gain would represent a major return, particularly in a market that has seen many volatile cycles. While SEI remains in early stages of potential accumulation, the alignment of key Fibonacci levels and the fractal pattern suggest that the token could still deliver one of its most significant rallies this cycle [1].

Source: [1] Chart Shows SEI Token Could Still Have a "Monster Bull Rally" This Cycle, (https://captainaltcoin.com/chart-shows-sei-token-could-still-have-a-monster-bull-rally-this-cycle/)