SEI and PYTH Approach Falling Wedge Resistance – Potential Breakout on the Horizon?
The cryptocurrency market is witnessing renewed bullish momentum, with Bitcoin ($BTC ) surging by 2.56% to reclaim the $105K mark. This upward movement has sparked a rally among major altcoins, including Sei ($SEI ) and Pyth Network ($PYTH ), which are exhibiting notable gains.
Both tokens are approaching key resistance levels after breaking out of falling wedge patterns—traditionally considered bullish formations—suggesting the potential for further upside.