Sei Hits Key Resistance: Is A Breakout Imminent?

Yigit Taha OZTURK — Tue, 15 Jul 2025 10:00:23 +0000

While much of the crypto market remains under pressure, certain altcoins are showing signs of strength. Among them, Sei has reached a technically significant zone that could shape its short-term trajectory.

Key Resistance In Focus

On the daily chart, Sei has climbed toward the critical $0.3585 resistance level. This zone has previously acted as a strong rejection point, making its current test especially noteworthy.

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If Sei can break and hold above this level, the next target could be in the $0.4318 – $0.3998 resistance range. This upper zone may attract increased bullish momentum and strengthen the ongoing uptrend.

Support Levels To Watch On Pullbacks

Should the market face renewed selling pressure, a pullback toward the support zone between $0.2994 – $0.2717 may unfold. This area has previously provided a reliable floor during past corrections and may do so again if weakness emerges.

Traders are advised to closely monitor how Sei behaves around these critical levels, as potential breakouts or rejections could define the next major move.

SEI/USDT pair daily chart.

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The post Sei Hits Key Resistance: Is A Breakout Imminent? appeared first on Coin Engineer.

Bitcoin Cash (BCH) Technical Analysis: Downtrend Continues!

Yigit Taha OZTURK — Tue, 15 Apr 2025 12:30:11 +0000

Bitcoin Cash (BCH) continues to follow its downward trendline on the daily chart. The price has once again faced rejection from the descending trend and pulled back into a bullish Fair Value Gap (FVG) — a critical support zone.

Key Support: Bullish FVG Area

This support zone acts as an area of previously inefficient price action, where buyers may potentially step in. If this zone is lost to the downside, the next major support lies at $271, which aligns with historical reaction levels.

Breakout Scenario

If BCH receives a bullish reaction from this zone and manages to break the downtrend with strong volume, the first target will be $418 — a significant pivot zone that has acted as support/resistance in the past.

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A sustained move above $418 would open the door toward the next key resistance at $452, which has historically triggered major sell-offs.

BCH/USDT pair daily chart.

BCH is currently trading at a pivotal technical zone. A breakdown could lead to further correction toward $271, while a breakout may initiate a trend reversal toward higher resistance levels. Traders should stay alert and prioritize risk management.

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 Bitcoin Cash (BCH) Technical Analysis: Downtrend Continues! appeared first on Coin Engineer.