Can $SEI reclaim $0.125 in January despite cautious market sentiment?

After a sharp dip and bounce, SEI enters a consolidation phase near the $0.11 support zone. Technical signals show early signs of stabilization:

• RSI trending toward neutral (50)
• MACD histogram suggests weakening bearish momentum
• Price hovering around $0.1209 with low volatility

On-chain analysts like @ali_charts note a potential breakout from the descending channel, with $0.125 as the next upside target. But a clean hold above the breakout zone is key.

Short-term outlook remains cautiously bullish — further gains will require stronger volume and sustained buying interest.

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