SEI a goal price $ 0.40 as anticipation for old SEY ETF

The price of SEI shows the signs of potential beech reversal in the middle, and forecasting the construction around the potential standing fund for SEI exchange from the Canamoric capital.

SEI (Sei) that formed consistently lower premium and lower than the beginning of January, recently first gently became all the more. The token is currently testing the level of resistance to the key to $ 0.20, the zone that previously marked lower and also aligns with the descending trend. SEI has also received EMA-20 and SMA-50 and now edge towards SMA-100 to $ 0.22, signal to be in a longer-term structural shift.

Swing indicators also support bakery case. The MACD displays a positive histogram and crossover signal signal lines, while the relative strength index is 66. years, which reflects the power of purchase because it is approached by the zone transmissions.

Looking forward, the next immediate target for SEI is about $ 0.25 – a key level where the price is consolidated between 20. February and early March before breaking on a zone of $ 0.22. Successful interruption above $ 0.25 could open the door for step towards level $ 0.30. The ambitious goal is about $ 0.40 – the first large little high after the top January and the intersection point with the descending trend. The breakup below $ 0.14 Local Support would not undo the Bullish look.

A key catalyst that can be pressed by the price to $ 0.40 and is more capital capital Recent registration Canary State SEI ETF Trust in Delaware. Officially submitted on April 23, this Stativious Treatment is the first step towards SEI Trading In the US, and still trades, it establishes a legal framework for holding and managing funds, including maintenance and means of producing additional yield.

The next phase in the process includes channel capital submitted by the S-1 form in the USA Securities and exchange office commissionDetailed about the structure of the ETF, the exposure mechanism and the distribution strategy for the awards. If approved, the SEI ETF stop could become one of the first curved CRIPTO ETFs in the United States, potentially strengthening the Seine price by attracting institutional demand.