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SEI token jumps 26% after breaking resistance, but momentum may face a pullback soon.

Technical Signals
22 Sep 2026
AMBCrypto
View Source
Bullish
SEI token jumps 26% after breaking resistance, but momentum may face a pullback soon.

SEI token surged over 25% to $0.06285 after breaking the $0.052 resistance, driven by a 289% spike in daily volume to $203.44 million, signaling strong market participation. Canary Capital's proposed ETF plans to stake 90% of its SEI holdings, potentially reducing circulating supply and increasing yield reinvestment. However, the ETF is not yet approved, so current price gains rely on expectations rather than actual demand. Without stronger spot market support, the momentum could weaken, risking a price pullback despite bullish trends.

SEI token trades at Rp1.057 on Pluang as of Sep 22, 2026 12:21 WIB, up 5.91% in the last day. The market cap stands at Rp8.14 trillion with a 24-hour volume of Rp3.91 trillion. Despite strong sell orders at 92%, typical hold time is 44 days, showing steady investor interest amid the recent rally.

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