SEI Token Surges 23% Amid DeFi Growth and Technical Breakout

The crypto market has seen ups and downs, but SEI (SEI) is standing out with a 5% rise in the last 24 hours, hitting a 27-day high of $0.3747. SEI's breakout from a falling wedge pattern, a bullish signal, has sparked a 23% weekly surge.

This rally is fueled by growth in SEI’s DeFi ecosystem, boosting investor optimism. Analysts are watching key resistance levels closely as SEI’s RSI signals strong buying momentum.

With a target of $0.43, SEI’s next move will be key for traders.

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