Sei ($SEI) is showing technical traits of range-bound consolidation following its major valuation reset from the $1.14 all-time high. While sustained sideways price action alongside diminishing selling volume often signals a partial accumulation zone, the ongoing token unlock schedules—releasing the remaining 2.3 billion tokens—continue to act as a structural overhead supply barrier. A confirmed bullish reversal will require a high-volume breakout above localized overhead resistance alongside expanding spot liquidity.
$SEI #CoinVahini #SeiNetwork#Layer1 #CryptoTechnicalAnalysis
