SEI Shows Rounded Bottom Pattern After Multi-Month Decline

⬤ SEI is catching traders’ eyes as its 12-hour chart shows a classic rounded bottom taking shape after months of downward pressure. The current setup looks strikingly similar to what happened back in 2023—right before SEI took off on a strong run. Instead of bouncing sharply, the price has been slowly stabilizing near a key support level and starting to curve upward, which is exactly what you’d expect from a proper rounded bottom.

⬤ The chart reveals this bottom developing over several months, with price consistently holding above the same horizontal support zone that worked as a floor during both 2023 and early 2026. This isn’t a quick V-shaped reversal—it’s a gradual shift from selling pressure to sideways movement. Price is still trading in a tight range, but that upward curve suggests the selling momentum is finally running out of steam.

⬤ Volume tells an interesting part of the story here. As the rounded bottom formed, trading activity steadily dropped off, pointing to seller exhaustion rather than buyers rushing in. “This type of volume behavior is consistent with seller exhaustion, where downward moves lose strength over time,” highlighting how bears are losing control without bulls necessarily taking over yet. While there’s no confirmed breakout, the combination of flat price action and fading volume hints that downside pressure might be done.

⬤ Rounded bottoms matter because they often mark the shift from prolonged selling to quiet accumulation before the next leg up. If SEI keeps holding this support and volume stays light, traders will be watching to see if price can break higher and confirm a real recovery is underway. Right now, the market’s in a waiting game—what happens next will show whether SEI’s ready for a fresh uptrend or needs more time to build its base.