Sei is a layer-1 blockchain designed for high-speed trading and DeFi applications, gaining attention for its low latency and high throughput. Recently, SEI has seen mixed market performance. After experiencing significant hype post-launch, the coin entered a correction phase as early investors took profits.

Currently, SEI is trading sideways, indicating market indecision. Volume has decreased slightly, suggesting that new buyers are waiting for stronger signals before entering. However, the project still holds long-term potential due to its unique architecture focused on optimizing trading and order execution.

If SEI breaks its current resistance level, we may see renewed bullish momentum. On the downside, failure to hold key support levels could lead to further correction. As with all crypto assets, traders should remain cautious and stay updated with fundamental developments and broader market sentiment.