Sei Price Analysis: Breakout Potential Amid Ascending Channel Defense

The Sei (SEI) price is currently trading around $0.3352 after recording a 4.10% increase in the past 24 hours, with trading volume reaching $106 million. The token remains within a consistent ascending channel since late July, providing support for ongoing bullish sentiment. Traders are observing strong defense at the $0.32-$0.325 level, which has acted as a key stronghold multiple times.