SEI has dropped nearly 6% in the past 24 hours, trading at $0.3021. The token now hovers near critical support around $0.3000, with traders closely monitoring market behavior.
Current Market Performance
At press time, SEI is priced at $0.3021 with a daily decline of 5.9%. Market capitalization stands at $1.81 billion, supported by a circulating supply of six billion tokens. The fully diluted valuation reaches $3.02 billion based on a total supply of ten billion SEI.
Source: CoinMarketCap
Trading activity has cooled, with 24-hour volume at $189.27 million, showing a 14.4% decrease from the previous day. The ratio of volume to market capitalization is 10.53%, reflecting steady liquidity but a weaker trading appetite compared to recent sessions.
Intraday Price Behavior
SEI has already lost almost 5 per cent in the daily chart, dropping to 0.3021 as compared to 0.3175. Selling pressure pushed the price down to the low of the session of $0.2950, as efforts to go up were blocked at the resistance level of $0.3100.
Source: TradingView
Consecutive lower highs and lower lows have defined price movement, which indicates the sustained selling pressure on a day-to-day basis. $0.3000 is the area to keep an eye on by traders, wherein attempts are being made by the market to stabilize.
The important technical levels are:
The support is placed at the level of 0.3000, and this level is also psychologically strong. Beneath this level, another indicator shows the next objective at around $ 0.2950, which was the latest session low. If it is violated, the price might further decline towards the $0.2850 mark.
On the positive side, resistance is at 0.3100, with sellers reestablishing themselves at this point earlier in the day. A reinforced stop is positioned around 0.3175, where the opening range has been previously set, and there the market topped.
Trading Volume and Liquidity Trends
Trading volume has contracted by over 14% in the past 24 hours. This decline suggests fewer active participants during the price correction phase. Liquidity remains moderate, with more than 10% of the market capitalization moving within a day.
The reduction in trading activity may indicate that participants are waiting for stronger directional signals. With volatility easing slightly after the sharp correction, the next volume surge will determine short-term movement.
Supply Structure and Circulation
SEI’s circulating supply stands at six billion tokens, equating to 60% of the total ten billion supply. The unlocked market capitalization mirrors the current figure at $1.81 billion.
With four billion tokens yet to enter circulation, market participants remain cautious about potential supply pressure. Unlock schedules could influence price action if demand fails to match new inflows of tokens into the market.
Market Sentiment and Social Signals
Social media commentary reflects mixed expectations. A post shared by market analyst Ali noted that every SEI move in the past three weeks matched signals from the TD Sequential indicator. According to the analyst, the indicator now signals a “BUY” setup.
Every $SEI move in the last 3 weeks was spot on by the TD Sequential… And now the signal says BUY! pic.twitter.com/8Me9sDRG01
— Ali (@ali_charts) August 20, 2025
This has drawn attention from traders watching for a possible rebound near the $0.3000 support. However, the prevailing downtrend and recent declines of nearly 6% suggest the market remains cautious.
Possible Scenarios Ahead
If SEI sustains levels above $0.3000, the next upside test is likely toward $0.3100, followed by $0.3175. A break above this range would signal recovery from the short-term downtrend.
Failure to defend the $0.3000 level could lead to further declines. The nearest target remains $0.2950, with deeper support at $0.2850 if selling continues. Until volume returns strongly, SEI may also trade sideways between $0.2950 and $0.3100.
Also Read: https://crafmin.com/bitcoin-drops-below-115k-market-crash/
Broader Market Context
The current pattern reflects high volatility phases where rallies are followed by equally sharp corrections. While buyers attempt to stabilize the market around key support, bears continue to exert control.
As SEI trades at $0.3021, market direction in the short term depends on whether $0.3000 support can hold. Price movement in the coming sessions will likely shape whether a rebound or further decline develops.
