Sei At Key Resistance: Breakout Could Signal Further Upside!

Yigit Taha OZTURK — Mon, 21 Jul 2025 11:30:53 +0000

Some altcoins are currently stuck between key levels, waiting for a decisive move. The price action of certain coins suggests a potential breakout — or breakdown — could be near. For traders, now is a time to watch closely.

Price Consolidates in Narrow Range

Sei is showing a clear squeeze between support and resistance on the 4-hour chart. The price has tested the $0.0370 resistance level but has not managed a convincing breakout yet. If a candle closes above this level, the next potential target lies at $0.0390.

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Rejection Could Trigger a Pullback

If rejection from the resistance zone intensifies, the possibility of a downside movement increases. In that case, the nearest support area to watch would be the $0.0348 – $0.0336 range. This zone could determine whether the price finds a new base to recover from.

Decision Time for Investors

The current technical structure highlights a crucial decision point for Sei investors. A confirmed breakout or breakdown from the current range may set the tone for the next significant move.

SEI/USDT pair 4-hour chart.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Sei At Key Resistance: Breakout Could Signal Further Upside! appeared first on Coin Engineer.

TON Price Analysis: Downtrend Broke, Target Reached!

Yigit Taha OZTURK — Fri, 21 Mar 2025 15:00:50 +0000

TON (The Open Network) successfully broke its previous descending trendline after testing it at a key resistance level we highlighted in our previous analysis. Following the breakout, TON retested the trendline and confirmed it as new support before rallying towards our initial target zone. This movement fulfilled the short-term bullish outlook we anticipated.

Current Price Action and Status

After reaching the 3.10 – 3.20 USDT target zone, TON faced selling pressure and saw a rejection at that resistance level. Currently, the price is expected to find support at the 2.80 – 2.90 USDT area, which corresponds to the previous trendline breakout level. If buyers step in at this zone, TON could gain bullish momentum once again.

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Potential Scenarios

If TON holds above the broken descending trendline, buyers may push the price toward the 3.30 USDT FVG (Fair Value Gap) zone. A breakout above this level could open the door for further upside toward 3.50 USDT and beyond.
If TON loses support at 2.80 USDT and closes below it on the daily timeframe, the price could fall back toward the 2.60 USDT support zone. Further weakness could bring 2.40 – 2.50 USDT back into focus.

TON/USDT daily chart.

The recent trendline breakout and successful target achievement offer positive signals for TON. However, the resistance area has triggered profit-taking, and short-term sideways or slightly bearish price movements may follow. Holding above the 2.80 USDT support zone is crucial for maintaining a bullish structure in the medium to long term.

Traders are advised to monitor support and resistance levels closely and adjust their strategies accordingly. If TON re-enters the descending trendline zone, downside risks may increase.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post TON Price Analysis: Downtrend Broke, Target Reached! appeared first on Coin Engineer.