SEI Nears Critical Support as Network Growth Signals Potential Altcoin Rebound

The Sei (SEI) token is testing crucial support levels amid a broader altcoin recovery phase, with technical analysis pointing to potential upward moves. SEI is currently trading near 0.00000152 BTC against Bitcoin, a key support zone that could trigger a rebound if held. Resistance levels are identified at 0.00000322 BTC and 0.00000491 BTC, marking clear targets for any bullish breakout.

Network adoption data underscores strong growth, with Sei Chain adding 125,000 new addresses in just 24 hours, pushing cumulative EVM addresses past 82 million as of November 27, 2025. This acceleration in user adoption began in mid-2025, reflecting sustained expansion and confidence in the SEI ecosystem. Analyst Michaël van de Poppe emphasized, "$SEI is at a pivotal point. Upcoming weeks and this one is ready for a big leg upwards."

Price action shows SEI attempting to stabilize, with a recent 2.88% increase to around $0.14, though it remains deep in a multi-month downtrend from its yearly high of $0.39. Market cap stands at $894.8 million, supported by $79.7 million in trading volume, while open interest has flattened near 51.1 million, indicating trader indecision. Technical indicators like MACD hovering near zero and Chaikin Money Flow at -0.20 suggest weakening bearish momentum but no confirmed reversal, with RSI readings neutral and volume stability hinting at compressed volatility.