Technical analysis by DEXWireNews about Symbol SEI: Buy recommendation (11/8/2025)

The price of SEI might be gearing for a bullish move should the asset break above the 61.8% Fibonacci retracement. SEI has been recording massive onchain tractions lately with a total Value lock (TVL) of $235.15m recored on the SEI blockchain as per data from DefiLama . With the RSI at 54, there is more room for SEI to capitalize and break the 61.8% Fib level. About Sei Sei is a high-performance Layer 1 blockchain that scales the EVM with parallelized execution, enabling faster transactions, low fees, and seamless smart contract deployment. Sei removes traditional blockchain bottlenecks while maintaining full Ethereum compatibility. The upcoming Giga upgrade will deliver 50x improvements in EVM throughput, optimizing execution, consensus, and storage to push blockchain performance to web2 levels.