SEI Price Prediction: SEI Jumps 9% as Binance Sets June 1 Migration Deadline

$SEI trades at $0.07155 on May 27, breaking above two daily EMAs in a single session while Binance confirms it will suspend legacy chain transactions from June 1 ahead of the network’s full migration to EVM compatibility.

$SEI Daily Chart: Two EMAs Cleared and the 0.382 Fib Is the Next Real Test

Price has been recovering since the April lows and today’s 8.74% candle pushed $SEI above both the 20 EMA at $0.06368 and the 50 EMA at $0.06293 cleanly. The 100 EMA at $0.07039 sits right at current price making it the immediate test. Above that, the FVG zone and the 0.382 Fibonacci level at $0.07136 form a tight cluster of resistance that price is pressing into right now.

The CHoCH marked on the chart signals a change of character from the prior bearish structure, the first such signal since the downtrend began in February. For that to mean anything on a higher timeframe, $SEI needs to hold above $0.0629 on a pullback and push through $0.0713 with follow-through volume. The 200 EMA at $0.10104 remains the longer-term ceiling.

Key levels:

• Resistance: $0.07136 (0.382 Fib and FVG), $0.0780 (May high), $0.10104 (200 EMA)
• Support: $0.07039 (100 EMA), $0.06871 (0.5 Fib), $0.06293 (50 EMA)

Why Is $SEI Pumping? Binance Migration News and Spot Inflows

Binance confirmed it will suspend $SEI deposits and withdrawals on the legacy chain from 8:00 a.m. UTC on June 1 as the network migrates to SEIEVM. Binance users holding $SEI on the exchange need to do nothing as the exchange handles migration internally. External wallet holders must follow official Sei migration instructions before the deadline.

The upgrade transitions Sei from its native architecture to full Ethereum Virtual Machine compatibility, letting developers deploy existing Ethereum smart contracts on Sei with minimal changes. The goal is straightforward: pull in Ethereum’s developer base and liquidity by removing the friction of building on a non-EVM chain.

Moreover, spot netflow on May 27 flipped positive at $363.89K, the first meaningful inflow reading in weeks, suggesting the migration news is pulling real buying rather than just speculative positioning.

$SEI Futures: Volume Doubled and Fresh Longs Are Coming In

Futures volume surged 135.65% to $201.63M while open interest climbed 12.58% to $85.79M. When both rise together alongside price it means fresh buyers are entering the trade, not just shorts getting squeezed out.

The retail long/short ratio sits at 0.8605, meaning more accounts are positioned short. However, top traders on Binance tell a different story, running a 1.8977 long/short ratio, nearly double the opposite direction. When retail is short and professionals are long, the squeeze risk sits firmly on the bears. Longs took $145.33K in liquidations over 24 hours against $93.09K for shorts, so neither side is clean yet.

$SEI Price Prediction for May 28

• Upside: Holding above the 100 EMA at $0.07039 and clearing the 0.382 Fib at $0.07136 opens a run toward the May high near $0.0780, with $0.0820 as the next supply zone above that.
• Downside: Losing $0.07039 pulls $SEI back toward the 0.5 Fib at $0.06871 and the 50 EMA cluster at $0.0629, where bulls need to step in to keep the CHoCH structure valid.