The Sei (SEI) token is currently trading near the lower boundary of its descending channel, with buyers showing activity around the demand zone between $0.10 and $0.15. According to data from Coingecko, SEI's price has been fluctuating between $0.149 and $0.157, with a 24-hour range of $0.1457 to $0.1531, and a market capitalization of $950 million.
Analyst Ali Charts highlights that SEI is tracking a descending channel formed in early October, with potential upward targets at $0.20, $0.25, and $0.36 if current support levels hold. Similarly, LLuciano_BTC notes that the price has rebounded in the $0.10–$0.15 zone, with a trendline break indicating a shift from compression to wider activity.
Another perspective from analyst Sjuul describes SEI entering the Power of 3 phase, consisting of accumulation, manipulation, and expansion. Currently, it's in the manipulation phase, and a reclaim of the lost support level could trigger a significant upward move, while failure might lead to continued consolidation. Historical data shows orderly fluctuations and higher lows, supporting the bullish outlook if the channel floor is maintained.
