Altcoins Rebound: $W and SEI Flash Strong Bullish Signals

$W shows a strong RSI divergence with price down 87%, signaling a potential rebound toward the $0.40 level in coming weeks.

SEI breaks its descending channel with rising volume and bullish Ichimoku signals, suggesting a rally toward the $0.60–$1.40 range.

Both $W and SEI flash bullish momentum as technical patterns and volume shifts point to a broader altcoin trend reversal underway.

$W and $SEI are flashing bullish signals after prolonged downtrends, indicating a potential shift in the macro trend. Crypto analyst Michaël van de Poppe highlights $W's strong bullish divergence and believes its price may double soon. At the same time, SEI has officially broken out of a descending channel, backed by strong volume and a recovery from key demand zones. These moves suggest a growing momentum shift across select altcoins, attracting both traders and analysts.

$W Shows Sharp Divergence as Reversal Builds

$W has been in a steep downtrend since early 2024, falling from $1.05 to around $0.0743. This marks an 87% decline. However, a strong bullish divergence is now developing on the RSI, signaling possible trend reversal. The indicator is forming higher lows while price continues to form lower lows.

Source: Michael van de Poppe

Moreover, trading volume near the bottom has surged, showing signs of accumulation. This indicates buyers are stepping in. A descending support line has consistently held throughout the decline. Currently, price consolidates near this support with minor green candles emerging. The RSI is rising but remains below 50, hinting at growing strength without full confirmation. Consequently, the upside potential is notable. A diagonal target line suggests a move toward the $0.40 region, highlighting a technical structure favoring recovery.

SEI Breaks Channel, Targets Higher Levels

SEI is also capturing attention after a clean breakout from its long-term descending channel. Price action rebounded from a major demand zone and now trades near $0.2855. Besides that, the Ichimoku Cloud indicator has turned from bearish red to bullish green. This shift confirms growing buyer interest.

Source: alliseeisW

Additionally, trading volume spiked during the breakout, aligning with stronger market participation. Recent candles show smaller bodies, indicating short-term indecision. However, SEI holds firm above key support levels, reinforcing the breakout’s validity. Moreover, the structure suggests SEI is no longer in free fall. Analysts expect a possible retest of previous resistance near $0.60–$1.40 if strength persists.

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